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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 | $17,132 | $51,226-66.6% | $82,744-79.3% | $66,938-74.4% |
| Participation rate | 2.8% | 67.9%-65.1pp | 72.6%-69.8pp | 69.8%-67.0pp |
| Annual return | 0.00% | -9.61%+9.6pp | 702.22%-702.2pp | 1.58%-1.6pp |
| Employer contribution / active EE | $188 | $2,612-92.8% | $3,008-93.7% | $2,545-92.6% |
| Participant deferral / active EE | $286 | $3,460-91.7% | $4,395-93.5% | $4,238-93.3% |
| Admin fee / account holder | $34 | $416-91.8% | $5,325-99.4% | $594-94.3% |