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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 | $22,582 | $95,188-76.3% | $76,518-70.5% | $135,379-83.3% |
| Participation rate | 20.0% | 74.4%-54.4pp | 68.0%-48.0pp | 82.6%-62.6pp |
| Annual return | -8.15% | 4.85%-13.0pp | -0.27%-7.9pp | 519.79%-527.9pp |
| Employer contribution / active EE | $23 | $3,303-99.3% | $2,647-99.1% | $4,779-99.5% |
| Participant deferral / active EE | $35 | $4,640-99.2% | $3,836-99.1% | $5,609-99.4% |
| Admin fee / account holder | $0 | $6,249-100.0% | $4,849-100.0% | $10,828-100.0% |