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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 | $59,502 | $167,352-64.4% | $143,788-58.6% | $134,509-55.8% |
| Participation rate | 43.5% | 84.8%-41.3pp | 80.3%-36.8pp | 81.2%-37.7pp |
| Annual return | -19.20% | 0.47%-19.7pp | -0.03%-19.2pp | 418.13%-437.3pp |
| Employer contribution / active EE | $890 | $5,620-84.2% | $4,952-82.0% | $4,741-81.2% |
| Participant deferral / active EE | $1,174 | $6,447-81.8% | $5,638-79.2% | $6,400-81.7% |
| Admin fee / account holder | $0 | $18,091-100.0% | $14,675-100.0% | $11,427-100.0% |