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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 | $90,101 | $27,632+226.1% | $61,452+46.6% | $68,486+31.6% |
| Participation rate | 3.2% | 39.5%-36.3pp | 52.6%-49.3pp | 67.9%-64.7pp |
| Annual return | 0.00% | -13.24%+13.2pp | 338.96%-339.0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $71 | $696-89.7% | $1,160-93.8% | $2,597-97.2% |
| Participant deferral / active EE | $122 | $1,264-90.4% | $2,125-94.3% | $4,028-97.0% |
| Admin fee / account holder | $0 | $2,010-100.0% | $2,131-100.0% | $5,404-100.0% |