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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 | $0 | $71,878-100.0% | $86,698-100.0% | $68,486-100.0% |
| Participation rate | 0.0% | 72.2%-72.2pp | 76.6%-76.6pp | 67.9%-67.9pp |
| Annual return | -2.88% | 3.53%-6.4pp | 35.95%-38.8pp | -7.85%+5.0pp |
| Employer contribution / active EE | $155 | $2,173-92.8% | $2,837-94.5% | $2,597-94.0% |
| Participant deferral / active EE | $1,191 | $3,779-68.5% | $4,656-74.4% | $4,028-70.4% |
| Admin fee / account holder | $0 | $6,113-100.0% | $7,493-100.0% | $5,404-100.0% |