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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 | $56,192 | $64,719-13.2% | $112,249-49.9% | $68,486-18.0% |
| Participation rate | 60.9% | 67.2%-6.2pp | 75.1%-14.1pp | 67.9%-7.0pp |
| Annual return | 0.00% | -11.40%+11.4pp | 27.48%-27.5pp | -7.85%+7.9pp |
| Employer contribution / active EE | $406 | $2,747-85.2% | $3,636-88.8% | $2,597-84.3% |
| Participant deferral / active EE | $1,073 | $3,565-69.9% | $4,729-77.3% | $4,028-73.4% |
| Admin fee / account holder | $0 | $5,232-100.0% | $6,412-100.0% | $5,404-100.0% |