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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 | $7,019 | $76,785-90.9% | $56,441-87.6% | $145,959-95.2% |
| Participation rate | 18.2% | 63.2%-45.1pp | 52.5%-34.3pp | 80.3%-62.1pp |
| Annual return | 12.78% | 3000.51%-2987.7pp | 1704.21%-1691.4pp | 561.95%-549.2pp |
| Employer contribution / active EE | $25 | $1,381-98.2% | $1,039-97.6% | $4,661-99.5% |
| Participant deferral / active EE | $101 | $2,624-96.2% | $1,953-94.8% | $6,689-98.5% |
| Admin fee / account holder | $101 | $3,334-97.0% | $2,829-96.4% | $13,398-99.2% |