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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 | $70,923 | $82,674-14.2% | $125,381-43.4% | $68,486+3.6% |
| Participation rate | 30.8% | 75.1%-44.3pp | 82.4%-51.6pp | 67.9%-37.1pp |
| Annual return | -19.04% | -5.97%-13.1pp | 572.31%-591.4pp | -7.85%-11.2pp |
| Employer contribution / active EE | $400 | $3,382-88.2% | $4,815-91.7% | $2,597-84.6% |
| Participant deferral / active EE | $1,249 | $6,111-79.6% | $7,448-83.2% | $4,028-69.0% |
| Admin fee / account holder | $5 | $6,277-99.9% | $10,007-99.9% | $5,404-99.9% |