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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 | $5,690 | $51,222-88.9% | $70,544-91.9% | $75,173-92.4% |
| Participation rate | 11.5% | 61.0%-49.4pp | 68.4%-56.8pp | 67.2%-55.7pp |
| Annual return | 0.00% | 30.06%-30.1pp | 32.79%-32.8pp | 160.72%-160.7pp |
| Employer contribution / active EE | $85 | $1,827-95.3% | $2,976-97.1% | $2,671-96.8% |
| Participant deferral / active EE | $533 | $2,850-81.3% | $4,568-88.3% | $4,126-87.1% |
| Admin fee / account holder | $26 | $4,096-99.4% | $6,427-99.6% | $5,651-99.5% |