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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 | $21,418 | $77,901-72.5% | $149,717-85.7% | $75,181-71.5% |
| Participation rate | 3.2% | 65.6%-62.4pp | 78.8%-75.5pp | 67.2%-64.0pp |
| Annual return | 0.00% | 31.73%-31.7pp | 134.41%-134.4pp | 160.69%-160.7pp |
| Employer contribution / active EE | $0 | $3,137-100.0% | $4,820-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $645 | $3,411-81.1% | $5,682-88.6% | $4,126-84.4% |
| Admin fee / account holder | $73 | $5,949-98.8% | $13,213-99.4% | $5,650-98.7% |