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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 | $26,972 | $59,819-54.9% | $79,583-66.1% | $68,490-60.6% |
| Participation rate | 6.9% | 61.1%-54.2pp | 69.5%-62.6pp | 67.9%-61.0pp |
| Annual return | -17.55% | -12.30%-5.3pp | 0.16%-17.7pp | -7.85%-9.7pp |
| Employer contribution / active EE | $0 | $1,505-100.0% | $2,414-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $142 | $3,025-95.3% | $3,986-96.4% | $4,028-96.5% |
| Admin fee / account holder | $79 | $4,835-98.4% | $6,835-98.8% | $5,403-98.5% |