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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 | $51,619 | $95,895-46.2% | $79,576-35.1% | $134,509-61.6% |
| Participation rate | 16.7% | 75.0%-58.4pp | 69.5%-52.8pp | 81.2%-64.6pp |
| Annual return | -16.88% | -2.72%-14.2pp | 0.15%-17.0pp | 418.13%-435.0pp |
| Employer contribution / active EE | $318 | $3,128-89.8% | $2,413-86.8% | $4,741-93.3% |
| Participant deferral / active EE | $318 | $4,693-93.2% | $3,985-92.0% | $6,400-95.0% |
| Admin fee / account holder | $0 | $9,129-100.0% | $6,834-100.0% | $11,427-100.0% |