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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 | $23,751 | $93,098-74.5% | $77,081-69.2% | $134,509-82.3% |
| Participation rate | 33.3% | 74.5%-41.2pp | 67.9%-34.6pp | 81.2%-47.9pp |
| Annual return | -18.76% | 62.63%-81.4pp | 42.33%-61.1pp | 418.13%-436.9pp |
| Employer contribution / active EE | $304 | $3,419-91.1% | $2,813-89.2% | $4,741-93.6% |
| Participant deferral / active EE | $304 | $5,239-94.2% | $4,428-93.1% | $6,400-95.3% |
| Admin fee / account holder | $0 | $6,945-100.0% | $5,427-100.0% | $11,427-100.0% |