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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 | $16,391 | $32,117-49.0% | $71,089-76.9% | $64,173-74.5% |
| Participation rate | 67.9% | 42.7%+25.2pp | 54.6%+13.2pp | 69.6%-1.7pp |
| Annual return | -5.82% | -5.57%-0.2pp | 650.65%-656.5pp | 7.63%-13.5pp |
| Employer contribution / active EE | $74 | $712-89.6% | $1,088-93.2% | $2,381-96.9% |
| Participant deferral / active EE | $243 | $1,263-80.8% | $1,873-87.0% | $3,470-93.0% |
| Admin fee / account holder | $148 | $2,759-94.6% | $3,082-95.2% | $4,887-97.0% |