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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 | $33,034 | $70,418-53.1% | $96,570-65.8% | $85,847-61.5% |
| Participation rate | 48.7% | 61.8%-13.1pp | 69.8%-21.1pp | 69.3%-20.6pp |
| Annual return | 0.00% | 18.59%-18.6pp | 37.79%-37.8pp | 318.61%-318.6pp |
| Employer contribution / active EE | $143 | $1,413-89.9% | $2,357-93.9% | $2,565-94.4% |
| Participant deferral / active EE | $236 | $2,894-91.9% | $3,849-93.9% | $3,952-94.0% |
| Admin fee / account holder | $0 | $4,995-100.0% | $6,182-100.0% | $6,261-100.0% |