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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 | $29,138 | $85,171-65.8% | $172,752-83.1% | $72,975-60.1% |
| Participation rate | 6.3% | 70.1%-63.8pp | 82.6%-76.4pp | 69.5%-63.2pp |
| Annual return | 21.79% | 27.32%-5.5pp | 802.97%-781.2pp | 81.01%-59.2pp |
| Employer contribution / active EE | $115 | $3,324-96.5% | $5,144-97.8% | $2,440-95.3% |
| Participant deferral / active EE | $592 | $3,260-81.8% | $5,198-88.6% | $3,608-83.6% |
| Admin fee / account holder | $83 | $5,880-98.6% | $13,955-99.4% | $5,124-98.4% |