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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 | $56,949 | $64,729-12.0% | $112,263-49.3% | $68,490-16.9% |
| Participation rate | 28.0% | 67.2%-39.1pp | 75.1%-47.0pp | 67.9%-39.8pp |
| Annual return | -19.34% | -11.40%-7.9pp | 27.49%-46.8pp | -7.85%-11.5pp |
| Employer contribution / active EE | $647 | $2,746-76.5% | $3,636-82.2% | $2,597-75.1% |
| Participant deferral / active EE | $1,102 | $3,566-69.1% | $4,729-76.7% | $4,028-72.6% |
| Admin fee / account holder | $22 | $5,222-99.6% | $6,410-99.7% | $5,403-99.6% |