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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 | $11,224 | $35,183-68.1% | $73,550-84.7% | $70,126-84.0% |
| Participation rate | 3.5% | 42.9%-39.4pp | 54.9%-51.4pp | 69.5%-66.0pp |
| Annual return | 32.34% | 26.90%+5.4pp | -15.16%+47.5pp | 73.15%-40.8pp |
| Employer contribution / active EE | $0 | $709-100.0% | $1,219-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $298 | $1,220-75.6% | $1,804-83.5% | $3,332-91.1% |
| Admin fee / account holder | $0 | $2,302-100.0% | $2,320-100.0% | $4,645-100.0% |