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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 | $12,310 | $45,872-73.2% | $77,096-84.0% | $68,486-82.0% |
| Participation rate | 11.3% | 55.9%-44.6pp | 67.9%-56.6pp | 67.9%-56.6pp |
| Annual return | -9.66% | 1.73%-11.4pp | 42.35%-52.0pp | -7.85%-1.8pp |
| Employer contribution / active EE | $205 | $1,650-87.6% | $2,814-92.7% | $2,597-92.1% |
| Participant deferral / active EE | $588 | $2,963-80.2% | $4,429-86.7% | $4,028-85.4% |
| Admin fee / account holder | $63 | $3,041-97.9% | $5,428-98.8% | $5,404-98.8% |