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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 | $0 | $32,117-100.0% | $71,089-100.0% | $64,173-100.0% |
| Participation rate | 0.0% | 42.7%-42.7pp | 54.6%-54.6pp | 69.6%-69.6pp |
| Annual return | -5.60% | -5.57%0pp | 650.65%-656.2pp | 7.63%-13.2pp |
| Employer contribution / active EE | $12 | $712-98.3% | $1,088-98.9% | $2,381-99.5% |
| Participant deferral / active EE | $15 | $1,263-98.8% | $1,873-99.2% | $3,470-99.6% |
| Admin fee / account holder | $0 | $2,759-100.0% | $3,082-100.0% | $4,887-100.0% |