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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 | $48,757 | $167,353-70.9% | $143,797-66.1% | $134,545-63.8% |
| Participation rate | 5.9% | 84.8%-78.9pp | 80.3%-74.4pp | 81.2%-75.4pp |
| Annual return | -19.96% | 0.48%-20.4pp | -0.04%-19.9pp | 418.37%-438.3pp |
| Employer contribution / active EE | $430 | $5,620-92.4% | $4,952-91.3% | $4,742-90.9% |
| Participant deferral / active EE | $921 | $6,447-85.7% | $5,638-83.7% | $6,401-85.6% |
| Admin fee / account holder | $299 | $18,096-98.4% | $14,679-98.0% | $11,431-97.4% |