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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 | $22,093 | $72,177-69.4% | $115,038-80.8% | $59,633-63.0% |
| Participation rate | 54.3% | 72.6%-18.2pp | 81.4%-27.0pp | 68.7%-14.3pp |
| Annual return | -1.63% | 12.02%-13.6pp | 26.14%-27.8pp | 2041.45%-2043.1pp |
| Employer contribution / active EE | $0 | $2,841-100.0% | $4,608-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $1,821 | $4,783-61.9% | $6,026-69.8% | $3,192-43.0% |
| Admin fee / account holder | $182 | $4,927-96.3% | $8,175-97.8% | $4,297-95.8% |