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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 | $26,518 | $106,008-75.0% | $92,240-71.3% | $147,586-82.0% |
| Participation rate | 30.0% | 80.4%-50.4pp | 76.5%-46.5pp | 82.8%-52.8pp |
| Annual return | 0.00% | 50.05%-50.1pp | 176.29%-176.3pp | 578.59%-578.6pp |
| Employer contribution / active EE | $291 | $4,333-93.3% | $3,680-92.1% | $4,876-94.0% |
| Participant deferral / active EE | $591 | $4,478-86.8% | $3,897-84.8% | $5,439-89.1% |
| Admin fee / account holder | $269 | $6,333-95.7% | $5,194-94.8% | $10,886-97.5% |