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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 | $68,324 | $105,866-35.5% | $90,766-24.7% | $134,545-49.2% |
| Participation rate | 43.8% | 78.3%-34.5pp | 75.7%-31.9pp | 81.2%-37.5pp |
| Annual return | -5.43% | -10.99%+5.6pp | -12.16%+6.7pp | 418.37%-423.8pp |
| Employer contribution / active EE | $87 | $3,464-97.5% | $2,922-97.0% | $4,742-98.2% |
| Participant deferral / active EE | $109 | $5,217-97.9% | $4,565-97.6% | $6,401-98.3% |
| Admin fee / account holder | $0 | $13,938-100.0% | $8,446-100.0% | $11,431-100.0% |