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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 | $17,485 | $57,352-69.5% | $83,830-79.1% | $64,173-72.8% |
| Participation rate | 16.7% | 68.6%-51.9pp | 76.1%-59.5pp | 69.6%-52.9pp |
| Annual return | -3.83% | 11.38%-15.2pp | 850.97%-854.8pp | 7.63%-11.5pp |
| Employer contribution / active EE | $7 | $2,546-99.7% | $3,631-99.8% | $2,381-99.7% |
| Participant deferral / active EE | $564 | $2,993-81.2% | $4,082-86.2% | $3,470-83.7% |
| Admin fee / account holder | $0 | $4,046-100.0% | $5,479-100.0% | $4,887-100.0% |