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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 | $8,974 | $102,595-91.3% | $94,057-90.5% | $154,746-94.2% |
| Participation rate | 35.7% | 76.0%-40.3pp | 73.3%-37.6pp | 80.7%-45.0pp |
| Annual return | 23.32% | 583.42%-560.1pp | 480.62%-457.3pp | 172.34%-149.0pp |
| Employer contribution / active EE | $0 | $3,147-100.0% | $2,933-100.0% | $4,379-100.0% |
| Participant deferral / active EE | $619 | $5,118-87.9% | $4,709-86.9% | $6,730-90.8% |
| Admin fee / account holder | $77 | $7,736-99.0% | $7,244-98.9% | $14,365-99.5% |