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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 | $35,695 | $71,878-50.3% | $86,698-58.8% | $68,486-47.9% |
| Participation rate | 11.1% | 72.2%-61.1pp | 76.6%-65.5pp | 67.9%-56.8pp |
| Annual return | -18.11% | 3.53%-21.6pp | 35.95%-54.1pp | -7.85%-10.3pp |
| Employer contribution / active EE | $428 | $2,173-80.3% | $2,837-84.9% | $2,597-83.5% |
| Participant deferral / active EE | $888 | $3,779-76.5% | $4,656-80.9% | $4,028-78.0% |
| Admin fee / account holder | $181 | $6,113-97.0% | $7,493-97.6% | $5,404-96.7% |