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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 | $23,617 | $69,012-65.8% | $160,009-85.2% | $68,486-65.5% |
| Participation rate | 18.4% | 65.4%-47.0pp | 78.0%-59.6pp | 67.9%-49.5pp |
| Annual return | -18.46% | -9.65%-8.8pp | 408.85%-427.3pp | -7.85%-10.6pp |
| Employer contribution / active EE | $0 | $2,212-100.0% | $4,225-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $120 | $4,212-97.1% | $6,183-98.1% | $4,028-97.0% |
| Admin fee / account holder | $20 | $4,798-99.6% | $8,715-99.8% | $5,404-99.6% |