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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 | $14,454 | $133,998-89.2% | $112,263-87.1% | $134,545-89.3% |
| Participation rate | 28.6% | 78.6%-50.0pp | 75.1%-46.5pp | 81.2%-52.7pp |
| Annual return | -18.57% | 47.17%-65.7pp | 27.49%-46.1pp | 418.37%-436.9pp |
| Employer contribution / active EE | $417 | $4,040-89.7% | $3,636-88.5% | $4,742-91.2% |
| Participant deferral / active EE | $459 | $5,292-91.3% | $4,729-90.3% | $6,401-92.8% |
| Admin fee / account holder | $63 | $7,493-99.2% | $6,410-99.0% | $11,431-99.4% |