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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 | $61,713 | $78,694-21.6% | $67,652-8.8% | $125,389-50.8% |
| Participation rate | 22.2% | 78.8%-56.6pp | 75.7%-53.4pp | 83.2%-61.0pp |
| Annual return | -2.24% | 9.46%-11.7pp | 6625.40%-6627.6pp | 282.24%-284.5pp |
| Employer contribution / active EE | $0 | $3,044-100.0% | $2,266-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $303 | $4,292-92.9% | $3,560-91.5% | $5,352-94.3% |
| Admin fee / account holder | $150 | $7,403-98.0% | $4,821-96.9% | $9,541-98.4% |