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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 | $37,552 | $54,357-30.9% | $82,706-54.6% | $68,495-45.2% |
| Participation rate | 1.3% | 63.9%-62.7pp | 72.6%-71.3pp | 67.9%-66.6pp |
| Annual return | 0.00% | -13.67%+13.7pp | 701.76%-701.8pp | -7.84%+7.8pp |
| Employer contribution / active EE | $0 | $2,218-100.0% | $3,007-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $536 | $3,246-83.5% | $4,394-87.8% | $4,028-86.7% |
| Admin fee / account holder | $30 | $4,396-99.3% | $5,329-99.4% | $5,403-99.4% |