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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 | $6,679 | $90,691-92.6% | $76,119-91.2% | $145,884-95.4% |
| Participation rate | 33.3% | 74.5%-41.1pp | 69.1%-35.7pp | 80.3%-47.0pp |
| Annual return | 14.81% | 624.52%-609.7pp | 361.25%-346.4pp | 551.85%-537.0pp |
| Employer contribution / active EE | $136 | $3,329-95.9% | $2,693-95.0% | $4,662-97.1% |
| Participant deferral / active EE | $0 | $5,167-100.0% | $4,259-100.0% | $6,690-100.0% |
| Admin fee / account holder | $5 | $8,383-99.9% | $6,421-99.9% | $13,392-100.0% |