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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 | $20,292 | $40,278-49.6% | $80,648-74.8% | $80,169-74.7% |
| Participation rate | 0.2% | 47.5%-47.4pp | 67.0%-66.8pp | 72.9%-72.8pp |
| Annual return | 0.00% | 50.86%-50.9pp | 937.21%-937.2pp | 40.39%-40.4pp |
| Employer contribution / active EE | $8 | $1,332-99.4% | $2,724-99.7% | $2,978-99.7% |
| Participant deferral / active EE | $23 | $2,696-99.1% | $4,443-99.5% | $5,016-99.5% |
| Admin fee / account holder | $7 | $210-96.7% | $5,382-99.9% | $145-95.2% |