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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 | $8,562 | $28,624-70.1% | $53,647-84.0% | $82,637-89.6% |
| Participation rate | 12.2% | 47.3%-35.1pp | 56.3%-44.1pp | 68.1%-55.9pp |
| Annual return | 18.98% | 664.98%-646.0pp | 358.33%-339.4pp | 53.51%-34.5pp |
| Employer contribution / active EE | $3 | $637-99.5% | $962-99.7% | $2,552-99.9% |
| Participant deferral / active EE | $3 | $1,196-99.8% | $1,813-99.8% | $4,126-99.9% |
| Admin fee / account holder | $195 | $2,022-90.4% | $2,460-92.1% | $7,339-97.3% |