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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 | $19,302 | $52,678-63.4% | $75,784-74.5% | $59,633-67.6% |
| Participation rate | 11.3% | 67.2%-56.0pp | 75.8%-64.6pp | 68.7%-57.4pp |
| Annual return | -0.15% | 2.95%-3.1pp | 9.68%-9.8pp | 2041.40%-2041.6pp |
| Employer contribution / active EE | $0 | $2,193-100.0% | $3,323-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $442 | $2,591-82.9% | $3,652-87.9% | $3,192-86.1% |
| Admin fee / account holder | $10 | $3,610-99.7% | $5,300-99.8% | $4,297-99.8% |