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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 | $62,314 | $138,075-54.9% | $123,552-49.6% | $135,379-54.0% |
| Participation rate | 6.7% | 84.7%-78.1pp | 82.3%-75.6pp | 82.6%-76.0pp |
| Annual return | 0.00% | 153.70%-153.7pp | 119.20%-119.2pp | 519.79%-519.8pp |
| Employer contribution / active EE | $305 | $5,152-94.1% | $4,628-93.4% | $4,779-93.6% |
| Participant deferral / active EE | $698 | $6,800-89.7% | $6,426-89.1% | $5,609-87.6% |
| Admin fee / account holder | $82 | $10,917-99.2% | $9,285-99.1% | $10,828-99.2% |