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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 | $22,000 | $96,558-77.2% | $80,977-72.8% | $273,972-92.0% |
| Participation rate | 5.9% | 79.1%-73.2pp | 75.8%-69.9pp | 83.0%-77.1pp |
| Annual return | 0.00% | 15.14%-15.1pp | 17.11%-17.1pp | 41.46%-41.5pp |
| Employer contribution / active EE | $235 | $4,869-95.2% | $3,715-93.7% | $4,869-95.2% |
| Participant deferral / active EE | $1,059 | $6,598-84.0% | $5,696-81.4% | $5,287-80.0% |
| Admin fee / account holder | $0 | $7,493-100.0% | $5,517-100.0% | $10,133-100.0% |