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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 | $58,234-88.0% | $81,783-91.5% | $80,874-91.4% |
| Participation rate | 14.5% | 63.4%-49.0pp | 72.4%-57.9pp | 67.6%-53.2pp |
| Annual return | 17.38% | 41.70%-24.3pp | 775.05%-757.7pp | 35.62%-18.2pp |
| Employer contribution / active EE | $1 | $2,341-99.9% | $2,913-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $473 | $3,283-85.6% | $4,320-89.0% | $4,297-89.0% |
| Admin fee / account holder | $60 | $4,982-98.8% | $7,380-99.2% | $6,935-99.1% |