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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 | $40,373 | $89,364-54.8% | $141,177-71.4% | $72,983-44.7% |
| Participation rate | 67.4% | 75.1%-7.7pp | 82.5%-15.1pp | 69.5%-2.1pp |
| Annual return | 0.00% | 111.86%-111.9pp | 71.40%-71.4pp | 81.01%-81.0pp |
| Employer contribution / active EE | $535 | $3,115-82.8% | $4,736-88.7% | $2,440-78.1% |
| Participant deferral / active EE | $1,411 | $5,419-74.0% | $6,710-79.0% | $3,608-60.9% |
| Admin fee / account holder | $23 | $5,959-99.6% | $10,263-99.8% | $5,124-99.5% |