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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 | $33,398 | $82,324-59.4% | $68,803-51.5% | $134,545-75.2% |
| Participation rate | 38.1% | 75.1%-37.0pp | 69.0%-30.9pp | 81.2%-43.1pp |
| Annual return | -14.89% | -2.17%-12.7pp | -6.37%-8.5pp | 418.37%-433.3pp |
| Employer contribution / active EE | $213 | $3,302-93.5% | $2,656-92.0% | $4,742-95.5% |
| Participant deferral / active EE | $916 | $4,740-80.7% | $3,942-76.8% | $6,401-85.7% |
| Admin fee / account holder | $190 | $6,485-97.1% | $4,936-96.1% | $11,431-98.3% |