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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 | $37,679 | $113,941-66.9% | $94,229-60.0% | $125,389-70.0% |
| Participation rate | 63.2% | 82.9%-19.7pp | 78.8%-15.6pp | 83.2%-20.0pp |
| Annual return | -0.80% | 5.29%-6.1pp | 10.68%-11.5pp | 282.24%-283.0pp |
| Employer contribution / active EE | $679 | $4,727-85.6% | $3,587-81.1% | $4,866-86.0% |
| Participant deferral / active EE | $1,348 | $5,179-74.0% | $4,320-68.8% | $5,352-74.8% |
| Admin fee / account holder | $58 | $8,392-99.3% | $6,269-99.1% | $9,541-99.4% |