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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 | $53,063-42.6% | $124,206-75.5% | $82,637-63.1% |
| Participation rate | 2.5% | 58.4%-55.9pp | 69.6%-67.1pp | 68.1%-65.6pp |
| Annual return | 16.84% | 68.87%-52.0pp | 515.27%-498.4pp | 53.51%-36.7pp |
| Employer contribution / active EE | $0 | $1,530-100.0% | $3,540-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $0 | $2,644-100.0% | $3,968-100.0% | $4,126-100.0% |
| Admin fee / account holder | $228 | $4,281-94.7% | $5,929-96.2% | $7,339-96.9% |