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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 | $28,452 | $75,962-62.5% | $154,108-81.5% | $64,173-55.7% |
| Participation rate | 22.8% | 70.4%-47.6pp | 83.0%-60.3pp | 69.6%-46.8pp |
| Annual return | -4.67% | 30.32%-35.0pp | 735.21%-739.9pp | 7.63%-12.3pp |
| Employer contribution / active EE | $0 | $3,350-100.0% | $5,298-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $636 | $3,175-80.0% | $5,081-87.5% | $3,470-81.7% |
| Admin fee / account holder | $23 | $5,589-99.6% | $13,411-99.8% | $4,887-99.5% |