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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 | $11,370 | $40,275-71.8% | $57,356-80.2% | $59,633-80.9% |
| Participation rate | 29.3% | 69.1%-39.8pp | 75.1%-45.7pp | 68.7%-39.3pp |
| Annual return | -0.48% | 27.52%-28.0pp | 24.41%-24.9pp | 2041.45%-2041.9pp |
| Employer contribution / active EE | $119 | $1,921-93.8% | $2,689-95.6% | $2,203-94.6% |
| Participant deferral / active EE | $332 | $2,400-86.2% | $3,162-89.5% | $3,192-89.6% |
| Admin fee / account holder | $0 | $2,820-100.0% | $3,357-100.0% | $4,297-100.0% |