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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 | $44,388 | $167,353-73.5% | $143,797-69.1% | $134,545-67.0% |
| Participation rate | 27.3% | 84.8%-57.5pp | 80.3%-53.0pp | 81.2%-54.0pp |
| Annual return | -7.83% | 0.48%-8.3pp | -0.04%-7.8pp | 418.37%-426.2pp |
| Employer contribution / active EE | $273 | $5,620-95.1% | $4,952-94.5% | $4,742-94.2% |
| Participant deferral / active EE | $273 | $6,447-95.8% | $5,638-95.2% | $6,401-95.7% |
| Admin fee / account holder | $54 | $18,096-99.7% | $14,679-99.6% | $11,431-99.5% |