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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 | $66,822 | $99,032-32.5% | $80,022-16.5% | $135,380-50.6% |
| Participation rate | 28.6% | 78.4%-49.8pp | 75.8%-47.3pp | 82.6%-54.1pp |
| Annual return | -7.16% | 15.39%-22.5pp | 11.22%-18.4pp | 519.81%-527.0pp |
| Employer contribution / active EE | $0 | $3,043-100.0% | $2,468-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $743 | $4,282-82.7% | $3,686-79.8% | $5,609-86.8% |
| Admin fee / account holder | $0 | $10,436-100.0% | $6,521-100.0% | $10,828-100.0% |