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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 | $622 | $25,979-97.6% | $71,755-99.1% | $68,486-99.1% |
| Participation rate | 17.6% | 54.5%-36.8pp | 62.3%-44.7pp | 67.9%-50.2pp |
| Annual return | 0.00% | -15.10%+15.1pp | 9.09%-9.1pp | -7.85%+7.9pp |
| Employer contribution / active EE | $50 | $900-94.5% | $1,704-97.1% | $2,597-98.1% |
| Participant deferral / active EE | $97 | $1,522-93.7% | $2,656-96.4% | $4,028-97.6% |
| Admin fee / account holder | $0 | $2,022-100.0% | $3,972-100.0% | $5,404-100.0% |