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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 | $34,867 | $98,776-64.7% | $149,745-76.7% | $79,856-56.3% |
| Participation rate | 3.8% | 75.8%-71.9pp | 82.5%-78.6pp | 69.6%-65.8pp |
| Annual return | 0.00% | 27.38%-27.4pp | 276.72%-276.7pp | 31.71%-31.7pp |
| Employer contribution / active EE | $214 | $3,217-93.3% | $4,646-95.4% | $2,471-91.3% |
| Participant deferral / active EE | $227 | $5,681-96.0% | $6,843-96.7% | $3,741-93.9% |
| Admin fee / account holder | $95 | $6,053-98.4% | $9,312-99.0% | $5,306-98.2% |