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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 | $9,723 | $88,702-89.0% | $81,780-88.1% | $145,978-93.3% |
| Participation rate | 11.8% | 75.0%-63.3pp | 72.4%-60.6pp | 80.3%-68.5pp |
| Annual return | 0.00% | 1029.12%-1029.1pp | 776.27%-776.3pp | 550.52%-550.5pp |
| Employer contribution / active EE | $93 | $3,084-97.0% | $2,914-96.8% | $4,662-98.0% |
| Participant deferral / active EE | $438 | $4,645-90.6% | $4,321-89.9% | $6,690-93.4% |
| Admin fee / account holder | $7 | $8,414-99.9% | $7,384-99.9% | $13,400-100.0% |