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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 | $31,630 | $100,811-68.6% | $86,698-63.5% | $134,545-76.5% |
| Participation rate | 30.0% | 79.0%-49.0pp | 76.6%-46.6pp | 81.2%-51.2pp |
| Annual return | -17.27% | 29.11%-46.4pp | 35.96%-53.2pp | 418.37%-435.6pp |
| Employer contribution / active EE | $654 | $3,490-81.3% | $2,837-77.0% | $4,742-86.2% |
| Participant deferral / active EE | $799 | $5,339-85.0% | $4,656-82.8% | $6,401-87.5% |
| Admin fee / account holder | $20 | $10,926-99.8% | $7,492-99.7% | $11,431-99.8% |