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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 | $30,476 | $56,431-46.0% | $130,788-76.7% | $87,485-65.2% |
| Participation rate | 2.5% | 58.9%-56.4pp | 70.1%-67.6pp | 68.9%-66.4pp |
| Annual return | 16.84% | 91.27%-74.4pp | 386.44%-369.6pp | 26.06%-9.2pp |
| Employer contribution / active EE | $0 | $1,549-100.0% | $3,558-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $0 | $2,749-100.0% | $4,137-100.0% | $4,274-100.0% |
| Admin fee / account holder | $228 | $4,433-94.9% | $6,673-96.6% | $7,775-97.1% |