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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 | $30,608 | $90,448-66.2% | $93,786-67.4% | $134,545-77.3% |
| Participation rate | 44.4% | 82.0%-37.5pp | 81.0%-36.6pp | 81.2%-36.8pp |
| Annual return | 0.00% | -15.71%+15.7pp | -11.32%+11.3pp | 418.37%-418.4pp |
| Employer contribution / active EE | $24 | $4,349-99.4% | $4,328-99.4% | $4,742-99.5% |
| Participant deferral / active EE | $1,933 | $5,983-67.7% | $6,100-68.3% | $6,401-69.8% |
| Admin fee / account holder | $226 | $9,232-97.6% | $7,184-96.9% | $11,431-98.0% |