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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 | $12,047 | $37,463-67.8% | $77,100-84.4% | $66,949-82.0% |
| Participation rate | 13.2% | 52.9%-39.8pp | 67.9%-54.7pp | 69.8%-56.6pp |
| Annual return | -18.52% | -3.25%-15.3pp | 42.35%-60.9pp | 1.57%-20.1pp |
| Employer contribution / active EE | $0 | $1,535-100.0% | $2,815-100.0% | $2,545-100.0% |
| Participant deferral / active EE | $415 | $2,621-84.2% | $4,430-90.6% | $4,239-90.2% |
| Admin fee / account holder | $235 | $568-58.6% | $5,443-95.7% | $594-60.4% |