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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 | $27,089 | $62,583-56.7% | $76,767-64.7% | $64,173-57.8% |
| Participation rate | 22.2% | 72.8%-50.6pp | 77.0%-54.7pp | 69.6%-47.3pp |
| Annual return | -7.45% | -1.95%-5.5pp | 2.43%-9.9pp | 7.63%-15.1pp |
| Employer contribution / active EE | $229 | $1,832-87.5% | $2,485-90.8% | $2,381-90.4% |
| Participant deferral / active EE | $811 | $3,145-74.2% | $3,852-78.9% | $3,470-76.6% |
| Admin fee / account holder | $69 | $4,667-98.5% | $6,675-99.0% | $4,887-98.6% |