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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 | $12,271 | $30,732-60.1% | $59,496-79.4% | $59,633-79.4% |
| Participation rate | 6.2% | 43.2%-37.1pp | 54.6%-48.4pp | 68.7%-62.5pp |
| Annual return | -0.84% | 4.47%-5.3pp | 182.05%-182.9pp | 2041.45%-2042.3pp |
| Employer contribution / active EE | $68 | $631-89.1% | $1,153-94.1% | $2,203-96.9% |
| Participant deferral / active EE | $218 | $1,183-81.6% | $1,829-88.1% | $3,192-93.2% |
| Admin fee / account holder | $0 | $2,136-100.0% | $2,232-100.0% | $4,297-100.0% |