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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 | $38,150 | $106,557-64.2% | $91,227-58.2% | $134,545-71.6% |
| Participation rate | 37.5% | 76.8%-39.3pp | 73.2%-35.7pp | 81.2%-43.7pp |
| Annual return | -18.78% | 160.81%-179.6pp | 114.14%-132.9pp | 418.37%-437.1pp |
| Employer contribution / active EE | $253 | $3,332-92.4% | $2,851-91.1% | $4,742-94.7% |
| Participant deferral / active EE | $253 | $4,719-94.6% | $4,234-94.0% | $6,401-96.0% |
| Admin fee / account holder | $20 | $6,235-99.7% | $5,423-99.6% | $11,431-99.8% |