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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 | $36,769 | $55,449-33.7% | $83,831-56.1% | $56,289-34.7% |
| Participation rate | 25.2% | 68.0%-42.9pp | 76.1%-51.0pp | 69.9%-44.7pp |
| Annual return | -5.31% | -1.38%-3.9pp | 850.99%-856.3pp | -9.96%+4.7pp |
| Employer contribution / active EE | $385 | $2,430-84.2% | $3,631-89.4% | $2,111-81.8% |
| Participant deferral / active EE | $823 | $2,935-72.0% | $4,082-79.8% | $3,350-75.4% |
| Admin fee / account holder | $123 | $656-81.3% | $5,479-97.8% | $521-76.4% |