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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 | $30,417 | $64,716-53.0% | $112,258-72.9% | $68,495-55.6% |
| Participation rate | 25.9% | 67.2%-41.2pp | 75.1%-49.1pp | 67.9%-42.0pp |
| Annual return | -15.11% | -11.40%-3.7pp | 27.47%-42.6pp | -7.84%-7.3pp |
| Employer contribution / active EE | $447 | $2,746-83.7% | $3,636-87.7% | $2,596-82.8% |
| Participant deferral / active EE | $655 | $3,565-81.6% | $4,728-86.1% | $4,028-83.7% |
| Admin fee / account holder | $22 | $5,232-99.6% | $6,411-99.7% | $5,403-99.6% |