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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 | $29,716 | $29,7160% | $56,077-47.0% | $80,925-63.3% |
| Participation rate | 4.3% | 41.7%-37.4pp | 52.5%-48.2pp | 67.7%-63.4pp |
| Annual return | 10.65% | 35.30%-24.7pp | 1709.28%-1698.6pp | 35.65%-25.0pp |
| Employer contribution / active EE | $42 | $671-93.7% | $1,040-95.9% | $2,756-98.5% |
| Participant deferral / active EE | $74 | $1,228-94.0% | $1,954-96.2% | $4,299-98.3% |
| Admin fee / account holder | $248 | $2,432-89.8% | $2,825-91.2% | $6,940-96.4% |