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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 | $18,141 | $133,998-86.5% | $112,263-83.8% | $134,545-86.5% |
| Participation rate | 66.7% | 78.6%-11.9pp | 75.1%-8.4pp | 81.2%-14.6pp |
| Annual return | -19.69% | 47.17%-66.9pp | 27.49%-47.2pp | 418.37%-438.1pp |
| Employer contribution / active EE | $599 | $4,040-85.2% | $3,636-83.5% | $4,742-87.4% |
| Participant deferral / active EE | $1,319 | $5,292-75.1% | $4,729-72.1% | $6,401-79.4% |
| Admin fee / account holder | $52 | $7,493-99.3% | $6,410-99.2% | $11,431-99.5% |