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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 | $32,769 | $78,694-58.4% | $67,653-51.6% | $125,388-73.9% |
| Participation rate | 20.0% | 78.8%-58.8pp | 75.7%-55.7pp | 83.2%-63.2pp |
| Annual return | -0.09% | 9.46%-9.5pp | 6625.22%-6625.3pp | 282.24%-282.3pp |
| Employer contribution / active EE | $0 | $3,044-100.0% | $2,266-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $1,229 | $4,292-71.4% | $3,560-65.5% | $5,352-77.0% |
| Admin fee / account holder | $0 | $7,403-100.0% | $4,821-100.0% | $9,541-100.0% |