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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 | $0 | $59,328-100.0% | $118,914-100.0% | $73,497-100.0% |
| Participation rate | 0.0% | 62.3%-62.3pp | 75.4%-75.4pp | 70.7%-70.7pp |
| Annual return | 41.11% | 19.13%+22.0pp | 35.89%+5.2pp | 28.51%+12.6pp |
| Employer contribution / active EE | $0 | $1,803-100.0% | $3,264-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $1,084 | $2,604-58.4% | $4,266-74.6% | $3,740-71.0% |
| Admin fee / account holder | $0 | $600-100.0% | $6,582-100.0% | $513-100.0% |