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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 | $7,171 | $29,736-75.9% | $56,033-87.2% | $80,935-91.1% |
| Participation rate | 9.4% | 41.7%-32.3pp | 52.5%-43.1pp | 67.7%-58.3pp |
| Annual return | 12.57% | 35.28%-22.7pp | 1711.38%-1698.8pp | 35.66%-23.1pp |
| Employer contribution / active EE | $48 | $671-92.8% | $1,041-95.4% | $2,757-98.3% |
| Participant deferral / active EE | $60 | $1,228-95.1% | $1,954-97.0% | $4,299-98.6% |
| Admin fee / account holder | $62 | $2,434-97.5% | $2,827-97.8% | $6,924-99.1% |