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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 | $711 | $25,979-97.3% | $71,702-99.0% | $68,495-99.0% |
| Participation rate | 23.3% | 54.5%-31.2pp | 62.3%-39.0pp | 67.9%-44.6pp |
| Annual return | 0.00% | -15.10%+15.1pp | 9.14%-9.1pp | -7.84%+7.8pp |
| Employer contribution / active EE | $51 | $900-94.3% | $1,704-97.0% | $2,596-98.0% |
| Participant deferral / active EE | $116 | $1,522-92.4% | $2,658-95.6% | $4,028-97.1% |
| Admin fee / account holder | $0 | $2,022-100.0% | $3,974-100.0% | $5,403-100.0% |