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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 | $25,655 | $27,632-7.2% | $61,452-58.3% | $68,486-62.5% |
| Participation rate | 32.3% | 39.5%-7.2pp | 52.6%-20.3pp | 67.9%-35.6pp |
| Annual return | 0.00% | -13.24%+13.2pp | 338.96%-339.0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $34 | $696-95.2% | $1,160-97.1% | $2,597-98.7% |
| Participant deferral / active EE | $48 | $1,264-96.2% | $2,125-97.7% | $4,028-98.8% |
| Admin fee / account holder | $0 | $2,010-100.0% | $2,131-100.0% | $5,404-100.0% |