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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 | $22,822 | $97,729-76.6% | $83,830-72.8% | $135,379-83.1% |
| Participation rate | 63.6% | 80.0%-16.3pp | 76.1%-12.5pp | 82.6%-19.0pp |
| Annual return | -5.84% | 1287.52%-1293.4pp | 850.97%-856.8pp | 519.79%-525.6pp |
| Employer contribution / active EE | $304 | $4,222-92.8% | $3,631-91.6% | $4,779-93.6% |
| Participant deferral / active EE | $991 | $4,683-78.8% | $4,082-75.7% | $5,609-82.3% |
| Admin fee / account holder | $57 | $6,674-99.1% | $5,479-99.0% | $10,828-99.5% |