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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 | $13,262 | $32,117-58.7% | $71,086-81.3% | $64,173-79.3% |
| Participation rate | 12.5% | 42.7%-30.2pp | 54.7%-42.2pp | 69.6%-57.1pp |
| Annual return | -7.90% | -5.57%-2.3pp | 650.59%-658.5pp | 7.63%-15.5pp |
| Employer contribution / active EE | $63 | $712-91.1% | $1,088-94.2% | $2,381-97.3% |
| Participant deferral / active EE | $46 | $1,263-96.4% | $1,874-97.5% | $3,470-98.7% |
| Admin fee / account holder | $0 | $2,759-100.0% | $3,082-100.0% | $4,887-100.0% |