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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 | $25,163 | $85,790-70.7% | $67,313-62.6% | $135,380-81.4% |
| Participation rate | 50.0% | 76.5%-26.5pp | 69.1%-19.1pp | 82.6%-32.6pp |
| Annual return | -8.25% | -0.54%-7.7pp | -4.08%-4.2pp | 519.81%-528.1pp |
| Employer contribution / active EE | $394 | $3,487-88.7% | $2,566-84.6% | $4,779-91.8% |
| Participant deferral / active EE | $394 | $4,651-91.5% | $3,568-89.0% | $5,609-93.0% |
| Admin fee / account holder | $0 | $6,392-100.0% | $4,507-100.0% | $10,828-100.0% |