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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 | $14,964 | $39,798-62.4% | $67,704-77.9% | $59,633-74.9% |
| Participation rate | 18.8% | 57.4%-38.6pp | 67.5%-48.8pp | 68.7%-49.9pp |
| Annual return | 0.31% | 89.94%-89.6pp | 25.41%-25.1pp | 2041.45%-2041.1pp |
| Employer contribution / active EE | $0 | $1,393-100.0% | $2,559-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $264 | $2,335-88.7% | $3,585-92.6% | $3,192-91.7% |
| Admin fee / account holder | $0 | $3,212-100.0% | $4,255-100.0% | $4,297-100.0% |