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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 | $24,247 | $82,678-70.7% | $125,391-80.7% | $68,490-64.6% |
| Participation rate | 23.1% | 75.1%-52.0pp | 82.4%-59.3pp | 67.9%-44.8pp |
| Annual return | -17.61% | -5.97%-11.6pp | 572.41%-590.0pp | -7.85%-9.8pp |
| Employer contribution / active EE | $0 | $3,382-100.0% | $4,816-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $635 | $6,111-89.6% | $7,448-91.5% | $4,028-84.2% |
| Admin fee / account holder | $231 | $6,277-96.3% | $10,009-97.7% | $5,403-95.7% |