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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 | $28,204 | $134,001-79.0% | $112,258-74.9% | $134,509-79.0% |
| Participation rate | 13.3% | 78.6%-65.2pp | 75.1%-61.7pp | 81.2%-67.9pp |
| Annual return | -19.64% | 47.15%-66.8pp | 27.47%-47.1pp | 418.13%-437.8pp |
| Employer contribution / active EE | $381 | $4,039-90.6% | $3,636-89.5% | $4,741-92.0% |
| Participant deferral / active EE | $953 | $5,291-82.0% | $4,728-79.8% | $6,400-85.1% |
| Admin fee / account holder | $116 | $7,491-98.4% | $6,411-98.2% | $11,427-99.0% |