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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 | $37,150 | $95,917-61.3% | $79,583-53.3% | $134,545-72.4% |
| Participation rate | 40.0% | 75.0%-35.0pp | 69.5%-29.5pp | 81.2%-41.2pp |
| Annual return | -17.22% | -2.70%-14.5pp | 0.16%-17.4pp | 418.37%-435.6pp |
| Employer contribution / active EE | $400 | $3,129-87.2% | $2,414-83.4% | $4,742-91.6% |
| Participant deferral / active EE | $600 | $4,694-87.2% | $3,986-84.9% | $6,401-90.6% |
| Admin fee / account holder | $0 | $9,132-100.0% | $6,835-100.0% | $11,431-100.0% |