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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 | $25,467 | $97,020-73.8% | $83,327-69.4% | $135,380-81.2% |
| Participation rate | 10.0% | 80.4%-70.4pp | 77.8%-67.8pp | 82.6%-72.6pp |
| Annual return | -9.46% | 12.31%-21.8pp | 10.64%-20.1pp | 519.81%-529.3pp |
| Employer contribution / active EE | $0 | $4,144-100.0% | $3,379-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $0 | $5,964-100.0% | $5,565-100.0% | $5,609-100.0% |
| Admin fee / account holder | $165 | $8,426-98.0% | $7,540-97.8% | $10,828-98.5% |