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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 | $91,754 | $95,867-4.3% | $79,551+15.3% | $134,493-31.8% |
| Participation rate | 38.1% | 75.0%-36.9pp | 69.5%-31.4pp | 81.2%-43.1pp |
| Annual return | -11.84% | -2.73%-9.1pp | 0.14%-12.0pp | 418.01%-429.9pp |
| Employer contribution / active EE | $0 | $3,128-100.0% | $2,413-100.0% | $4,740-100.0% |
| Participant deferral / active EE | $1,134 | $4,692-75.8% | $3,985-71.6% | $6,400-82.3% |
| Admin fee / account holder | $23 | $9,127-99.7% | $6,833-99.7% | $11,425-99.8% |