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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 | $13,091 | $46,732-72.0% | $156,551-91.6% | $55,167-76.3% |
| Participation rate | 24.1% | 65.8%-41.7pp | 84.0%-59.9pp | 69.0%-44.9pp |
| Annual return | 0.00% | 17.72%-17.7pp | 32.23%-32.2pp | 169.23%-169.2pp |
| Employer contribution / active EE | $257 | $2,105-87.8% | $5,501-95.3% | $1,963-86.9% |
| Participant deferral / active EE | $543 | $2,204-75.4% | $4,871-88.9% | $3,054-82.2% |
| Admin fee / account holder | $53 | $418-87.3% | $13,028-99.6% | $504-89.5% |