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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 | $22,198 | $93,124-76.2% | $77,100-71.2% | $134,545-83.5% |
| Participation rate | 40.0% | 74.5%-34.5pp | 67.9%-27.9pp | 81.2%-41.2pp |
| Annual return | -16.71% | 62.68%-79.4pp | 42.35%-59.1pp | 418.37%-435.1pp |
| Employer contribution / active EE | $166 | $3,421-95.1% | $2,815-94.1% | $4,742-96.5% |
| Participant deferral / active EE | $678 | $5,242-87.1% | $4,430-84.7% | $6,401-89.4% |
| Admin fee / account holder | $0 | $6,970-100.0% | $5,443-100.0% | $11,431-100.0% |