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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 | $26,889 | $55,449-51.5% | $83,830-67.9% | $56,287-52.2% |
| Participation rate | 17.6% | 68.0%-50.5pp | 76.1%-58.6pp | 69.9%-52.3pp |
| Annual return | -4.25% | -1.38%-2.9pp | 850.97%-855.2pp | -9.96%+5.7pp |
| Employer contribution / active EE | $0 | $2,430-100.0% | $3,631-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $719 | $2,935-75.5% | $4,082-82.4% | $3,350-78.5% |
| Admin fee / account holder | $6 | $656-99.0% | $5,479-99.9% | $521-98.8% |