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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 | $26,993 | $105,861-74.5% | $90,756-70.3% | $134,509-79.9% |
| Participation rate | 60.0% | 78.2%-18.2pp | 75.7%-15.7pp | 81.2%-21.2pp |
| Annual return | -14.70% | -10.99%-3.7pp | -12.16%-2.5pp | 418.13%-432.8pp |
| Employer contribution / active EE | $341 | $3,463-90.2% | $2,922-88.3% | $4,741-92.8% |
| Participant deferral / active EE | $490 | $5,217-90.6% | $4,565-89.3% | $6,400-92.3% |
| Admin fee / account holder | $23 | $13,938-99.8% | $8,445-99.7% | $11,427-99.8% |