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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 | $16,798 | $48,235-65.2% | $68,803-75.6% | $68,490-75.5% |
| Participation rate | 7.3% | 60.7%-53.4pp | 69.0%-61.7pp | 67.9%-60.6pp |
| Annual return | 0.00% | -12.70%+12.7pp | -6.37%+6.4pp | -7.85%+7.9pp |
| Employer contribution / active EE | $54 | $1,829-97.0% | $2,656-98.0% | $2,597-97.9% |
| Participant deferral / active EE | $92 | $2,867-96.8% | $3,942-97.7% | $4,028-97.7% |
| Admin fee / account holder | $0 | $4,361-100.0% | $4,936-100.0% | $5,403-100.0% |