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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 | $8,684 | $82,324-89.5% | $68,803-87.4% | $134,545-93.5% |
| Participation rate | 35.0% | 75.1%-40.1pp | 69.0%-34.0pp | 81.2%-46.2pp |
| Annual return | -10.56% | -2.17%-8.4pp | -6.37%-4.2pp | 418.37%-428.9pp |
| Employer contribution / active EE | $149 | $3,302-95.5% | $2,656-94.4% | $4,742-96.9% |
| Participant deferral / active EE | $699 | $4,740-85.2% | $3,942-82.3% | $6,401-89.1% |
| Admin fee / account holder | $124 | $6,485-98.1% | $4,936-97.5% | $11,431-98.9% |