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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 | $28,424 | $75,935-62.6% | $60,547-53.1% | $125,389-77.3% |
| Participation rate | 35.3% | 76.5%-41.2pp | 68.0%-32.7pp | 83.2%-47.9pp |
| Annual return | -3.09% | -5.38%+2.3pp | 335.64%-338.7pp | 282.24%-285.3pp |
| Employer contribution / active EE | $290 | $3,438-91.6% | $2,419-88.0% | $4,866-94.0% |
| Participant deferral / active EE | $331 | $4,506-92.7% | $3,328-90.1% | $5,352-93.8% |
| Admin fee / account holder | $0 | $6,768-100.0% | $4,536-100.0% | $9,541-100.0% |