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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 | $41,422 | $87,546-52.7% | $75,784-45.3% | $125,389-67.0% |
| Participation rate | 33.3% | 80.2%-46.8pp | 75.8%-42.5pp | 83.2%-49.9pp |
| Annual return | -3.29% | 13.49%-16.8pp | 9.68%-13.0pp | 282.24%-285.5pp |
| Employer contribution / active EE | $13 | $3,930-99.7% | $3,323-99.6% | $4,866-99.7% |
| Participant deferral / active EE | $83 | $4,230-98.0% | $3,652-97.7% | $5,352-98.4% |
| Admin fee / account holder | $158 | $6,503-97.6% | $5,300-97.0% | $9,541-98.3% |