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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 | $7,539 | $35,183-78.6% | $73,550-89.7% | $70,126-89.2% |
| Participation rate | 5.0% | 42.9%-37.9pp | 54.9%-49.9pp | 69.5%-64.5pp |
| Annual return | 21.52% | 26.90%-5.4pp | -15.16%+36.7pp | 73.15%-51.6pp |
| Employer contribution / active EE | $14 | $709-98.0% | $1,219-98.8% | $2,343-99.4% |
| Participant deferral / active EE | $81 | $1,220-93.3% | $1,804-95.5% | $3,332-97.6% |
| Admin fee / account holder | $130 | $2,302-94.4% | $2,320-94.4% | $4,645-97.2% |