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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 | $7,388 | $27,632-73.3% | $61,452-88.0% | $68,486-89.2% |
| Participation rate | 4.3% | 39.5%-35.2pp | 52.6%-48.2pp | 67.9%-63.5pp |
| Annual return | -16.72% | -13.24%-3.5pp | 338.96%-355.7pp | -7.85%-8.9pp |
| Employer contribution / active EE | $11 | $696-98.4% | $1,160-99.1% | $2,597-99.6% |
| Participant deferral / active EE | $43 | $1,264-96.6% | $2,125-98.0% | $4,028-98.9% |
| Admin fee / account holder | $81 | $2,010-96.0% | $2,131-96.2% | $5,404-98.5% |