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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 | $38,340 | $64,706-40.7% | $112,244-65.8% | $68,498-44.0% |
| Participation rate | 28.6% | 67.1%-38.6pp | 75.1%-46.5pp | 67.9%-39.3pp |
| Annual return | -10.31% | -11.40%+1.1pp | 27.46%-37.8pp | -7.84%-2.5pp |
| Employer contribution / active EE | $0 | $2,746-100.0% | $3,635-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $570 | $3,565-84.0% | $4,728-88.0% | $4,027-85.9% |
| Admin fee / account holder | $238 | $5,231-95.4% | $6,411-96.3% | $5,403-95.6% |