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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 | $56,781 | $85,766-33.8% | $136,298-58.3% | $70,126-19.0% |
| Participation rate | 51.9% | 74.2%-22.2pp | 81.9%-30.0pp | 69.5%-17.6pp |
| Annual return | 0.00% | 31.46%-31.5pp | 5156.27%-5156.3pp | 73.15%-73.1pp |
| Employer contribution / active EE | $136 | $2,966-95.4% | $4,696-97.1% | $2,343-94.2% |
| Participant deferral / active EE | $110 | $5,051-97.8% | $6,247-98.2% | $3,332-96.7% |
| Admin fee / account holder | $90 | $5,421-98.3% | $9,244-99.0% | $4,645-98.1% |