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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 | $24,312 | $68,681-64.6% | $86,615-71.9% | $85,847-71.7% |
| Participation rate | 6.8% | 66.4%-59.6pp | 71.6%-64.9pp | 69.3%-62.6pp |
| Annual return | 0.00% | 20.12%-20.1pp | 63.51%-63.5pp | 318.61%-318.6pp |
| Employer contribution / active EE | $0 | $1,880-100.0% | $2,496-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $49 | $2,919-98.3% | $3,699-98.7% | $3,952-98.8% |
| Admin fee / account holder | $46 | $5,974-99.2% | $5,830-99.2% | $6,261-99.3% |