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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 | $64,991 | $83,908-22.5% | $68,509-5.1% | $125,388-48.2% |
| Participation rate | 20.8% | 78.2%-57.3pp | 74.7%-53.9pp | 83.2%-62.4pp |
| Annual return | -2.66% | 14.48%-17.1pp | 8.27%-10.9pp | 282.24%-284.9pp |
| Employer contribution / active EE | $97 | $3,031-96.8% | $2,278-95.7% | $4,866-98.0% |
| Participant deferral / active EE | $560 | $4,125-86.4% | $3,382-83.4% | $5,352-89.5% |
| Admin fee / account holder | $163 | $8,982-98.2% | $5,275-96.9% | $9,541-98.3% |