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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 | $15,931 | $48,053-66.8% | $84,637-81.2% | $72,976-78.2% |
| Participation rate | 5.3% | 57.6%-52.3pp | 68.2%-63.0pp | 69.5%-64.2pp |
| Annual return | 0.00% | 37.39%-37.4pp | 258.82%-258.8pp | 81.02%-81.0pp |
| Employer contribution / active EE | $38 | $1,602-97.6% | $2,653-98.6% | $2,440-98.4% |
| Participant deferral / active EE | $782 | $2,681-70.8% | $3,900-79.9% | $3,608-78.3% |
| Admin fee / account holder | $6 | $3,395-99.8% | $4,914-99.9% | $5,124-99.9% |