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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 | $2,767 | $51,638-94.6% | $68,368-96.0% | $82,448-96.6% |
| Participation rate | 7.1% | 63.6%-56.5pp | 73.8%-66.6pp | 68.1%-60.9pp |
| Annual return | 22.81% | 37.53%-14.7pp | 292.57%-269.8pp | 41.64%-18.8pp |
| Employer contribution / active EE | $0 | $2,047-100.0% | $2,649-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $46 | $2,914-98.4% | $4,123-98.9% | $4,139-98.9% |
| Admin fee / account holder | $19 | $4,643-99.6% | $5,150-99.6% | $7,234-99.7% |