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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 | $133,306 | $175,646-24.1% | $129,118+3.2% | $134,532-0.9% |
| Participation rate | 50.0% | 81.6%-31.6pp | 77.2%-27.2pp | 81.2%-31.2pp |
| Annual return | -6.66% | -11.39%+4.7pp | -10.94%+4.3pp | 418.27%-424.9pp |
| Employer contribution / active EE | $0 | $6,355-100.0% | $5,051-100.0% | $4,741-100.0% |
| Participant deferral / active EE | $0 | $7,970-100.0% | $6,539-100.0% | $6,401-100.0% |
| Admin fee / account holder | $0 | $23,578-100.0% | $14,305-100.0% | $11,429-100.0% |