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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 | $10,525 | $37,446-71.9% | $77,513-86.4% | $79,852-86.8% |
| Participation rate | 3.6% | 41.5%-38.0pp | 54.2%-50.6pp | 69.6%-66.1pp |
| Annual return | 0.00% | 39.76%-39.8pp | 54.81%-54.8pp | 31.72%-31.7pp |
| Employer contribution / active EE | $59 | $637-90.8% | $987-94.1% | $2,471-97.6% |
| Participant deferral / active EE | $264 | $1,261-79.1% | $1,861-85.8% | $3,740-93.0% |
| Admin fee / account holder | $1 | $2,506-100.0% | $2,859-100.0% | $5,306-100.0% |