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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 | $28,386 | $110,801-74.4% | $86,615-67.2% | $167,536-83.1% |
| Participation rate | 50.0% | 75.8%-25.8pp | 71.6%-21.6pp | 82.1%-32.1pp |
| Annual return | 17.77% | 116.96%-99.2pp | 63.51%-45.7pp | 478.82%-461.0pp |
| Employer contribution / active EE | $91 | $3,245-97.2% | $2,496-96.4% | $4,839-98.1% |
| Participant deferral / active EE | $474 | $4,547-89.6% | $3,699-87.2% | $6,342-92.5% |
| Admin fee / account holder | $0 | $8,417-100.0% | $5,830-100.0% | $12,315-100.0% |