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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 | $11,395 | $48,053-76.3% | $84,628-86.5% | $72,975-84.4% |
| Participation rate | 26.3% | 57.6%-31.3pp | 68.2%-41.9pp | 69.5%-43.2pp |
| Annual return | 0.00% | 37.39%-37.4pp | 258.80%-258.8pp | 81.01%-81.0pp |
| Employer contribution / active EE | $159 | $1,602-90.1% | $2,653-94.0% | $2,440-93.5% |
| Participant deferral / active EE | $304 | $2,681-88.7% | $3,900-92.2% | $3,608-91.6% |
| Admin fee / account holder | $0 | $3,395-100.0% | $4,914-100.0% | $5,124-100.0% |