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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 | $19,345 | $167,362-88.4% | $143,799-86.5% | $134,532-85.6% |
| Participation rate | 54.5% | 84.8%-30.3pp | 80.3%-25.8pp | 81.2%-26.7pp |
| Annual return | -14.61% | 0.47%-15.1pp | -0.04%-14.6pp | 418.27%-432.9pp |
| Employer contribution / active EE | $446 | $5,620-92.1% | $4,952-91.0% | $4,741-90.6% |
| Participant deferral / active EE | $927 | $6,447-85.6% | $5,638-83.6% | $6,401-85.5% |
| Admin fee / account holder | $26 | $18,094-99.9% | $14,677-99.8% | $11,429-99.8% |