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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 | $40,724 | $56,339-27.7% | $104,301-61.0% | $68,495-40.5% |
| Participation rate | 15.8% | 63.3%-47.5pp | 73.3%-57.5pp | 67.9%-52.1pp |
| Annual return | -18.01% | -9.19%-8.8pp | 24.61%-42.6pp | -7.84%-10.2pp |
| Employer contribution / active EE | $129 | $1,960-93.4% | $3,373-96.2% | $2,596-95.0% |
| Participant deferral / active EE | $202 | $3,077-93.4% | $4,626-95.6% | $4,028-95.0% |
| Admin fee / account holder | $0 | $4,902-100.0% | $7,340-100.0% | $5,403-100.0% |