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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 | $6,639 | $88,710-92.5% | $81,783-91.9% | $145,959-95.5% |
| Participation rate | 8.7% | 75.0%-66.3pp | 72.4%-63.7pp | 80.3%-71.6pp |
| Annual return | 0.00% | 1027.26%-1027.3pp | 775.05%-775.1pp | 561.95%-561.9pp |
| Employer contribution / active EE | $49 | $3,083-98.4% | $2,913-98.3% | $4,661-99.0% |
| Participant deferral / active EE | $59 | $4,645-98.7% | $4,320-98.6% | $6,689-99.1% |
| Admin fee / account holder | $4 | $8,407-100.0% | $7,380-100.0% | $13,398-100.0% |