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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 | $78,692 | $100,811-21.9% | $86,698-9.2% | $134,545-41.5% |
| Participation rate | 30.0% | 79.0%-49.0pp | 76.6%-46.6pp | 81.2%-51.2pp |
| Annual return | -13.83% | 29.11%-42.9pp | 35.96%-49.8pp | 418.37%-432.2pp |
| Employer contribution / active EE | $682 | $3,490-80.5% | $2,837-76.0% | $4,742-85.6% |
| Participant deferral / active EE | $733 | $5,339-86.3% | $4,656-84.3% | $6,401-88.6% |
| Admin fee / account holder | $19 | $10,926-99.8% | $7,492-99.7% | $11,431-99.8% |