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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 | $27,475 | $56,197-51.1% | $67,652-59.4% | $59,633-53.9% |
| Participation rate | 23.4% | 71.5%-48.1pp | 75.7%-52.3pp | 68.7%-45.3pp |
| Annual return | 0.01% | 18508.10%-18508.1pp | 6625.40%-6625.4pp | 2041.45%-2041.4pp |
| Employer contribution / active EE | $206 | $1,615-87.2% | $2,266-90.9% | $2,203-90.6% |
| Participant deferral / active EE | $413 | $2,844-85.5% | $3,560-88.4% | $3,192-87.1% |
| Admin fee / account holder | $183 | $3,958-95.4% | $4,821-96.2% | $4,297-95.8% |