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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 | $34,575 | $167,362-79.3% | $143,799-76.0% | $134,532-74.3% |
| Participation rate | 16.7% | 84.8%-68.2pp | 80.3%-63.6pp | 81.2%-64.6pp |
| Annual return | -11.78% | 0.47%-12.3pp | -0.04%-11.7pp | 418.27%-430.1pp |
| Employer contribution / active EE | $139 | $5,620-97.5% | $4,952-97.2% | $4,741-97.1% |
| Participant deferral / active EE | $269 | $6,447-95.8% | $5,638-95.2% | $6,401-95.8% |
| Admin fee / account holder | $240 | $18,094-98.7% | $14,677-98.4% | $11,429-97.9% |