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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 | $39,208 | $83,908-53.3% | $68,509-42.8% | $125,389-68.7% |
| Participation rate | 11.1% | 78.2%-67.1pp | 74.7%-63.6pp | 83.2%-72.1pp |
| Annual return | -2.72% | 14.48%-17.2pp | 8.27%-11.0pp | 282.24%-285.0pp |
| Employer contribution / active EE | $180 | $3,031-94.1% | $2,278-92.1% | $4,866-96.3% |
| Participant deferral / active EE | $496 | $4,125-88.0% | $3,382-85.3% | $5,352-90.7% |
| Admin fee / account holder | $0 | $8,982-100.0% | $5,275-100.0% | $9,541-100.0% |