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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,811 | $103,008-81.7% | $90,304-79.2% | $152,897-87.7% |
| Participation rate | 16.7% | 75.9%-59.2pp | 73.3%-56.6pp | 82.5%-65.8pp |
| Annual return | 29.38% | 95.22%-65.8pp | 78.13%-48.8pp | 345.43%-316.1pp |
| Employer contribution / active EE | $0 | $3,139-100.0% | $2,855-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $300 | $4,281-93.0% | $3,885-92.3% | $5,851-94.9% |
| Admin fee / account holder | $21 | $6,175-99.7% | $5,354-99.6% | $11,599-99.8% |