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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 | $31,871 | $91,536-65.2% | $130,062-75.5% | $75,177-57.6% |
| Participation rate | 28.3% | 71.5%-43.2pp | 78.5%-50.2pp | 67.2%-38.9pp |
| Annual return | 22.62% | -631.62%+654.2pp | -137.37%+160.0pp | 160.75%-138.1pp |
| Employer contribution / active EE | $705 | $2,845-75.2% | $4,322-83.7% | $2,671-73.6% |
| Participant deferral / active EE | $1,862 | $4,343-57.1% | $5,821-68.0% | $4,126-54.9% |
| Admin fee / account holder | $58 | $6,780-99.1% | $10,601-99.5% | $5,651-99.0% |