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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 | $21,527 | $55,423-61.2% | $155,602-86.2% | $74,400-71.1% |
| Participation rate | 2.1% | 61.9%-59.8pp | 78.2%-76.1pp | 67.2%-65.1pp |
| Annual return | 12.34% | 269.07%-256.7pp | 64.81%-52.5pp | 1367.51%-1355.2pp |
| Employer contribution / active EE | $47 | $2,266-97.9% | $4,675-99.0% | $2,624-98.2% |
| Participant deferral / active EE | $90 | $2,835-96.8% | $5,629-98.4% | $4,348-97.9% |
| Admin fee / account holder | $124 | $1,744-92.9% | $15,923-99.2% | $1,944-93.6% |