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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 | $80,345 | $95,979-16.3% | $74,551+7.8% | $135,380-40.7% |
| Participation rate | 22.7% | 75.7%-52.9pp | 69.1%-46.4pp | 82.6%-59.9pp |
| Annual return | -0.86% | 56.97%-57.8pp | 32.53%-33.4pp | 519.81%-520.7pp |
| Employer contribution / active EE | $0 | $2,716-100.0% | $1,961-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $762 | $3,844-80.2% | $3,108-75.5% | $5,609-86.4% |
| Admin fee / account holder | $30 | $6,522-99.5% | $5,059-99.4% | $10,828-99.7% |