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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 | $44,917 | $57,352-21.7% | $83,831-46.4% | $64,173-30.0% |
| Participation rate | 33.3% | 68.6%-35.3pp | 76.1%-42.8pp | 69.6%-36.2pp |
| Annual return | -6.51% | 11.38%-17.9pp | 850.99%-857.5pp | 7.63%-14.1pp |
| Employer contribution / active EE | $311 | $2,546-87.8% | $3,631-91.4% | $2,381-86.9% |
| Participant deferral / active EE | $622 | $2,993-79.2% | $4,082-84.8% | $3,470-82.1% |
| Admin fee / account holder | $107 | $4,046-97.3% | $5,479-98.0% | $4,887-97.8% |