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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 | $24,764 | $69,012-64.1% | $160,037-84.5% | $68,490-63.8% |
| Participation rate | 9.0% | 65.4%-56.4pp | 78.0%-69.0pp | 67.9%-58.9pp |
| Annual return | 0.00% | -9.65%+9.7pp | 408.95%-409.0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $176 | $2,212-92.0% | $4,226-95.8% | $2,597-93.2% |
| Participant deferral / active EE | $376 | $4,212-91.1% | $6,184-93.9% | $4,028-90.7% |
| Admin fee / account holder | $47 | $4,798-99.0% | $8,716-99.5% | $5,403-99.1% |