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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 | $71,444 | $91,537-22.0% | $130,045-45.1% | $75,173-5.0% |
| Participation rate | 47.7% | 71.5%-23.7pp | 78.5%-30.8pp | 67.2%-19.5pp |
| Annual return | 22.70% | -631.55%+654.2pp | -137.30%+160.0pp | 160.72%-138.0pp |
| Employer contribution / active EE | $404 | $2,845-85.8% | $4,321-90.7% | $2,671-84.9% |
| Participant deferral / active EE | $1,626 | $4,343-62.6% | $5,820-72.1% | $4,126-60.6% |
| Admin fee / account holder | $81 | $6,780-98.8% | $10,600-99.2% | $5,651-98.6% |