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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 | $39,794 | $72,404-45.0% | $110,243-63.9% | $64,173-38.0% |
| Participation rate | 50.7% | 73.3%-22.6pp | 79.8%-29.1pp | 69.6%-18.8pp |
| Annual return | 0.00% | -6.29%+6.3pp | 314.76%-314.8pp | 7.63%-7.6pp |
| Employer contribution / active EE | $83 | $2,282-96.4% | $3,827-97.8% | $2,381-96.5% |
| Participant deferral / active EE | $192 | $3,469-94.5% | $4,672-95.9% | $3,470-94.5% |
| Admin fee / account holder | $63 | $5,664-98.9% | $8,548-99.3% | $4,887-98.7% |