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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 | $6,209 | $85,060-92.7% | $70,548-91.2% | $139,456-95.5% |
| Participation rate | 16.7% | 73.9%-57.2pp | 68.3%-51.7pp | 80.3%-63.7pp |
| Annual return | 0.00% | 30.38%-30.4pp | 32.78%-32.8pp | 373.45%-373.4pp |
| Employer contribution / active EE | $248 | $3,911-93.7% | $2,975-91.7% | $4,753-94.8% |
| Participant deferral / active EE | $704 | $5,890-88.0% | $4,567-84.6% | $6,711-89.5% |
| Admin fee / account holder | $0 | $8,925-100.0% | $6,424-100.0% | $11,407-100.0% |