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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 | $19,922 | $69,012-71.1% | $160,037-87.6% | $68,490-70.9% |
| Participation rate | 32.1% | 65.4%-33.3pp | 78.0%-45.8pp | 67.9%-35.8pp |
| Annual return | 0.00% | -9.65%+9.7pp | 408.95%-409.0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $174 | $2,212-92.1% | $4,226-95.9% | $2,597-93.3% |
| Participant deferral / active EE | $276 | $4,212-93.4% | $6,184-95.5% | $4,028-93.1% |
| Admin fee / account holder | $0 | $4,798-100.0% | $8,716-100.0% | $5,403-100.0% |