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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 | $20,967 | $47,078-55.5% | $100,671-79.2% | $55,191-62.0% |
| Participation rate | 41.7% | 58.0%-16.3pp | 70.7%-29.0pp | 69.2%-27.5pp |
| Annual return | 0.00% | 0.65%-0.6pp | 20.43%-20.4pp | 10.78%-10.8pp |
| Employer contribution / active EE | $20 | $1,065-98.1% | $4,012-99.5% | $1,899-98.9% |
| Participant deferral / active EE | $92 | $2,038-95.5% | $3,144-97.1% | $3,046-97.0% |
| Admin fee / account holder | $6 | $153-95.8% | $4,850-99.9% | $91-92.9% |