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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 | $7,531 | $32,117-76.6% | $71,089-89.4% | $64,173-88.3% |
| Participation rate | 3.4% | 42.7%-39.2pp | 54.6%-51.2pp | 69.6%-66.1pp |
| Annual return | -6.31% | -5.57%-0.7pp | 650.65%-657.0pp | 7.63%-13.9pp |
| Employer contribution / active EE | $3 | $712-99.6% | $1,088-99.7% | $2,381-99.9% |
| Participant deferral / active EE | $4 | $1,263-99.7% | $1,873-99.8% | $3,470-99.9% |
| Admin fee / account holder | $12 | $2,759-99.6% | $3,082-99.6% | $4,887-99.8% |