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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 | $67,749 | $197,819-65.8% | $155,789-56.5% | $125,393-46.0% |
| Participation rate | 40.0% | 82.1%-42.1pp | 76.1%-36.1pp | 83.2%-43.2pp |
| Annual return | -0.48% | 86.73%-87.2pp | 71.54%-72.0pp | 282.23%-282.7pp |
| Employer contribution / active EE | $240 | $4,850-95.1% | $3,839-93.7% | $4,866-95.1% |
| Participant deferral / active EE | $856 | $5,631-84.8% | $4,798-82.2% | $5,351-84.0% |
| Admin fee / account holder | $0 | $9,544-100.0% | $7,477-100.0% | $9,541-100.0% |