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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 | $18,052 | $95,188-81.0% | $76,518-76.4% | $135,379-86.7% |
| Participation rate | 25.0% | 74.4%-49.4pp | 68.0%-43.0pp | 82.6%-57.6pp |
| Annual return | -6.76% | 4.85%-11.6pp | -0.27%-6.5pp | 519.79%-526.6pp |
| Employer contribution / active EE | $67 | $3,303-98.0% | $2,647-97.5% | $4,779-98.6% |
| Participant deferral / active EE | $507 | $4,640-89.1% | $3,836-86.8% | $5,609-91.0% |
| Admin fee / account holder | $0 | $6,249-100.0% | $4,849-100.0% | $10,828-100.0% |