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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 | $5,379 | $27,632-80.5% | $61,452-91.2% | $68,486-92.1% |
| Participation rate | 5.0% | 39.5%-34.5pp | 52.6%-47.6pp | 67.9%-62.9pp |
| Annual return | -12.17% | -13.24%+1.1pp | 338.96%-351.1pp | -7.85%-4.3pp |
| Employer contribution / active EE | $14 | $696-98.0% | $1,160-98.8% | $2,597-99.5% |
| Participant deferral / active EE | $20 | $1,264-98.4% | $2,125-99.1% | $4,028-99.5% |
| Admin fee / account holder | $17 | $2,010-99.1% | $2,131-99.2% | $5,404-99.7% |