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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 | $14,840 | $93,098-84.1% | $77,081-80.7% | $134,509-89.0% |
| Participation rate | 50.0% | 74.5%-24.5pp | 67.9%-17.9pp | 81.2%-31.2pp |
| Annual return | -7.70% | 62.63%-70.3pp | 42.33%-50.0pp | 418.13%-425.8pp |
| Employer contribution / active EE | $167 | $3,419-95.1% | $2,813-94.1% | $4,741-96.5% |
| Participant deferral / active EE | $595 | $5,239-88.6% | $4,428-86.6% | $6,400-90.7% |
| Admin fee / account holder | $223 | $6,945-96.8% | $5,427-95.9% | $11,427-98.0% |