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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 | $18,223 | $87,016-79.1% | $63,244-71.2% | $125,388-85.5% |
| Participation rate | 22.2% | 77.1%-54.8pp | 71.0%-48.8pp | 83.2%-61.0pp |
| Annual return | 1.05% | 21.71%-20.7pp | -70.31%+71.4pp | 282.24%-281.2pp |
| Employer contribution / active EE | $0 | $3,601-100.0% | $2,322-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $588 | $3,939-85.1% | $2,953-80.1% | $5,352-89.0% |
| Admin fee / account holder | $34 | $11,954-99.7% | $5,893-99.4% | $9,541-99.6% |