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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 | $6,962 | $58,311-88.1% | $81,882-91.5% | $80,959-91.4% |
| Participation rate | 14.5% | 63.5%-49.0pp | 72.4%-57.9pp | 67.7%-53.2pp |
| Annual return | 17.38% | 41.85%-24.5pp | 779.47%-762.1pp | 35.67%-18.3pp |
| Employer contribution / active EE | $1 | $2,347-99.9% | $2,916-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $473 | $3,287-85.6% | $4,323-89.1% | $4,300-89.0% |
| Admin fee / account holder | $60 | $4,752-98.7% | $7,360-99.2% | $6,925-99.1% |