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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 | $31,751 | $83,908-62.2% | $68,509-53.7% | $125,388-74.7% |
| Participation rate | 30.4% | 78.2%-47.7pp | 74.7%-44.3pp | 83.2%-52.8pp |
| Annual return | -2.38% | 14.48%-16.9pp | 8.27%-10.6pp | 282.24%-284.6pp |
| Employer contribution / active EE | $0 | $3,031-100.0% | $2,278-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $474 | $4,125-88.5% | $3,382-86.0% | $5,352-91.1% |
| Admin fee / account holder | $19 | $8,982-99.8% | $5,275-99.6% | $9,541-99.8% |