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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 | $18,270 | $37,446-51.2% | $77,552-76.4% | $79,856-77.1% |
| Participation rate | 25.6% | 41.5%-15.9pp | 54.2%-28.6pp | 69.6%-44.1pp |
| Annual return | 0.00% | 39.76%-39.8pp | 54.82%-54.8pp | 31.71%-31.7pp |
| Employer contribution / active EE | $34 | $637-94.7% | $987-96.6% | $2,471-98.6% |
| Participant deferral / active EE | $39 | $1,261-96.9% | $1,861-97.9% | $3,741-99.0% |
| Admin fee / account holder | $0 | $2,506-100.0% | $2,859-100.0% | $5,306-100.0% |