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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 | $5,422 | $27,632-80.4% | $61,452-91.2% | $68,486-92.1% |
| Participation rate | 9.1% | 39.5%-30.4pp | 52.6%-43.5pp | 67.9%-58.8pp |
| Annual return | 144.57% | -13.24%+157.8pp | 338.96%-194.4pp | -7.85%+152.4pp |
| Employer contribution / active EE | $0 | $696-100.0% | $1,160-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $208 | $1,264-83.5% | $2,125-90.2% | $4,028-94.8% |
| Admin fee / account holder | $236 | $2,010-88.3% | $2,131-88.9% | $5,404-95.6% |