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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 | $28,372 | $48,235-41.2% | $68,803-58.8% | $68,490-58.6% |
| Participation rate | 7.7% | 60.7%-53.0pp | 69.0%-61.3pp | 67.9%-60.2pp |
| Annual return | -18.36% | -12.70%-5.7pp | -6.37%-12.0pp | -7.85%-10.5pp |
| Employer contribution / active EE | $6 | $1,829-99.7% | $2,656-99.8% | $2,597-99.8% |
| Participant deferral / active EE | $16 | $2,867-99.4% | $3,942-99.6% | $4,028-99.6% |
| Admin fee / account holder | $182 | $4,361-95.8% | $4,936-96.3% | $5,403-96.6% |