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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 | $42,930 | $73,848-41.9% | $143,799-70.1% | $68,486-37.3% |
| Participation rate | 9.3% | 66.7%-57.4pp | 80.3%-71.0pp | 67.9%-58.6pp |
| Annual return | -18.82% | 0.91%-19.7pp | -0.04%-18.8pp | -7.85%-11.0pp |
| Employer contribution / active EE | $296 | $3,184-90.7% | $4,952-94.0% | $2,597-88.6% |
| Participant deferral / active EE | $732 | $3,385-78.4% | $5,638-87.0% | $4,028-81.8% |
| Admin fee / account holder | $111 | $5,755-98.1% | $14,677-99.2% | $5,404-97.9% |