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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 | $27,502 | $42,383-35.1% | $76,518-64.1% | $64,173-57.1% |
| Participation rate | 5.0% | 58.1%-53.1pp | 68.0%-63.0pp | 69.6%-64.6pp |
| Annual return | -4.87% | -16.54%+11.7pp | -0.27%-4.6pp | 7.63%-12.5pp |
| Employer contribution / active EE | $84 | $1,563-94.6% | $2,647-96.8% | $2,381-96.5% |
| Participant deferral / active EE | $91 | $2,566-96.5% | $3,836-97.6% | $3,470-97.4% |
| Admin fee / account holder | $238 | $3,198-92.6% | $4,849-95.1% | $4,887-95.1% |