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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 | $23,659 | $95,979-75.4% | $74,551-68.3% | $135,380-82.5% |
| Participation rate | 42.9% | 75.7%-32.8pp | 69.1%-26.3pp | 82.6%-39.8pp |
| Annual return | -6.19% | 56.97%-63.2pp | 32.53%-38.7pp | 519.81%-526.0pp |
| Employer contribution / active EE | $71 | $2,716-97.4% | $1,961-96.4% | $4,779-98.5% |
| Participant deferral / active EE | $71 | $3,844-98.1% | $3,108-97.7% | $5,609-98.7% |
| Admin fee / account holder | $92 | $6,522-98.6% | $5,059-98.2% | $10,828-99.2% |