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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 | $650 | $25,979-97.5% | $71,702-99.1% | $68,495-99.1% |
| Participation rate | 12.3% | 54.5%-42.2pp | 62.3%-50.0pp | 67.9%-55.5pp |
| Annual return | 0.00% | -15.10%+15.1pp | 9.14%-9.1pp | -7.84%+7.8pp |
| Employer contribution / active EE | $21 | $900-97.6% | $1,704-98.7% | $2,596-99.2% |
| Participant deferral / active EE | $59 | $1,522-96.1% | $2,658-97.8% | $4,028-98.5% |
| Admin fee / account holder | $0 | $2,022-100.0% | $3,974-100.0% | $5,403-100.0% |