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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 | $41,076 | $64,729-36.5% | $112,263-63.4% | $68,490-40.0% |
| Participation rate | 8.6% | 67.2%-58.6pp | 75.1%-66.5pp | 67.9%-59.3pp |
| Annual return | -19.24% | -11.40%-7.8pp | 27.49%-46.7pp | -7.85%-11.4pp |
| Employer contribution / active EE | $129 | $2,746-95.3% | $3,636-96.5% | $2,597-95.0% |
| Participant deferral / active EE | $238 | $3,566-93.3% | $4,729-95.0% | $4,028-94.1% |
| Admin fee / account holder | $161 | $5,222-96.9% | $6,410-97.5% | $5,403-97.0% |