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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 | $30,453 | $57,352-46.9% | $83,831-63.7% | $64,173-52.5% |
| Participation rate | 42.2% | 68.6%-26.4pp | 76.1%-33.9pp | 69.6%-27.3pp |
| Annual return | -3.42% | 11.38%-14.8pp | 850.99%-854.4pp | 7.63%-11.1pp |
| Employer contribution / active EE | $302 | $2,546-88.1% | $3,631-91.7% | $2,381-87.3% |
| Participant deferral / active EE | $827 | $2,993-72.4% | $4,082-79.7% | $3,470-76.2% |
| Admin fee / account holder | $0 | $4,046-100.0% | $5,479-100.0% | $4,887-100.0% |