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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 | $21,042 | $49,199-57.2% | $121,204-82.6% | $75,173-72.0% |
| Participation rate | 2.4% | 55.4%-53.0pp | 69.5%-67.2pp | 67.2%-64.8pp |
| Annual return | 25.24% | 56.04%-30.8pp | 987.18%-961.9pp | 160.72%-135.5pp |
| Employer contribution / active EE | $0 | $1,547-100.0% | $4,170-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $0 | $2,630-100.0% | $4,083-100.0% | $4,126-100.0% |
| Admin fee / account holder | $155 | $3,946-96.1% | $5,651-97.3% | $5,651-97.3% |