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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 | $41,156 | $49,177-16.3% | $79,467-48.2% | $64,173-35.9% |
| Participation rate | 30.3% | 65.0%-34.7pp | 73.3%-43.0pp | 69.6%-39.3pp |
| Annual return | -7.27% | -1.16%-6.1pp | 718.30%-725.6pp | 7.63%-14.9pp |
| Employer contribution / active EE | $126 | $2,076-93.9% | $2,800-95.5% | $2,381-94.7% |
| Participant deferral / active EE | $620 | $2,821-78.0% | $3,704-83.3% | $3,470-82.1% |
| Admin fee / account holder | $143 | $3,839-96.3% | $5,104-97.2% | $4,887-97.1% |