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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 | $7,952 | $58,258-86.4% | $81,820-90.3% | $80,925-90.2% |
| Participation rate | 8.8% | 63.5%-54.7pp | 72.4%-63.6pp | 67.7%-58.9pp |
| Annual return | 12.27% | 41.76%-29.5pp | 777.93%-765.7pp | 35.65%-23.4pp |
| Employer contribution / active EE | $101 | $2,345-95.7% | $2,915-96.5% | $2,756-96.3% |
| Participant deferral / active EE | $136 | $3,284-95.8% | $4,323-96.8% | $4,299-96.8% |
| Admin fee / account holder | $48 | $4,976-99.0% | $7,391-99.3% | $6,940-99.3% |