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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 | $9,887 | $29,319-66.3% | $52,425-81.1% | $82,448-88.0% |
| Participation rate | 5.9% | 46.9%-41.0pp | 55.6%-49.7pp | 68.1%-62.2pp |
| Annual return | 18.44% | 535.20%-516.8pp | 302.12%-283.7pp | 41.64%-23.2pp |
| Employer contribution / active EE | $8 | $586-98.6% | $914-99.1% | $2,551-99.7% |
| Participant deferral / active EE | $12 | $1,171-99.0% | $1,790-99.3% | $4,139-99.7% |
| Admin fee / account holder | $29 | $1,962-98.5% | $2,495-98.9% | $7,234-99.6% |