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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 | $11,529 | $73,848-84.4% | $143,799-92.0% | $68,486-83.2% |
| Participation rate | 11.1% | 66.7%-55.5pp | 80.3%-69.2pp | 67.9%-56.8pp |
| Annual return | -14.85% | 0.91%-15.8pp | -0.04%-14.8pp | -7.85%-7.0pp |
| Employer contribution / active EE | $133 | $3,184-95.8% | $4,952-97.3% | $2,597-94.9% |
| Participant deferral / active EE | $244 | $3,385-92.8% | $5,638-95.7% | $4,028-93.9% |
| Admin fee / account holder | $166 | $5,755-97.1% | $14,677-98.9% | $5,404-96.9% |