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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 | $34,499 | $92,219-62.6% | $76,767-55.1% | $135,380-74.5% |
| Participation rate | 14.3% | 79.8%-65.5pp | 77.0%-62.7pp | 82.6%-68.4pp |
| Annual return | -6.76% | 5.46%-12.2pp | 2.43%-9.2pp | 519.81%-526.6pp |
| Employer contribution / active EE | $35 | $3,216-98.9% | $2,485-98.6% | $4,779-99.3% |
| Participant deferral / active EE | $131 | $4,508-97.1% | $3,852-96.6% | $5,609-97.7% |
| Admin fee / account holder | $0 | $10,749-100.0% | $6,675-100.0% | $10,828-100.0% |