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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 | $20,109 | $54,357-63.0% | $82,706-75.7% | $68,495-70.6% |
| Participation rate | 10.6% | 63.9%-53.3pp | 72.6%-61.9pp | 67.9%-57.3pp |
| Annual return | -11.73% | -13.67%+1.9pp | 701.76%-713.5pp | -7.84%-3.9pp |
| Employer contribution / active EE | $160 | $2,218-92.8% | $3,007-94.7% | $2,596-93.8% |
| Participant deferral / active EE | $451 | $3,246-86.1% | $4,394-89.7% | $4,028-88.8% |
| Admin fee / account holder | $127 | $4,396-97.1% | $5,329-97.6% | $5,403-97.7% |