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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 | $14,227 | $69,012-79.4% | $160,009-91.1% | $68,486-79.2% |
| Participation rate | 9.9% | 65.4%-55.5pp | 78.0%-68.1pp | 67.9%-58.0pp |
| Annual return | 0.00% | -9.65%+9.7pp | 408.85%-408.8pp | -7.85%+7.9pp |
| Employer contribution / active EE | $0 | $2,212-100.0% | $4,225-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $138 | $4,212-96.7% | $6,183-97.8% | $4,028-96.6% |
| Admin fee / account holder | $57 | $4,798-98.8% | $8,715-99.3% | $5,404-98.9% |