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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 | $58,230 | $82,674-29.6% | $125,363-53.6% | $68,495-15.0% |
| Participation rate | 42.3% | 75.0%-32.7pp | 82.4%-40.1pp | 67.9%-25.6pp |
| Annual return | -16.51% | -5.97%-10.5pp | 572.15%-588.7pp | -7.84%-8.7pp |
| Employer contribution / active EE | $600 | $3,382-82.3% | $4,815-87.5% | $2,596-76.9% |
| Participant deferral / active EE | $1,695 | $6,111-72.3% | $7,447-77.2% | $4,028-57.9% |
| Admin fee / account holder | $241 | $6,276-96.2% | $10,005-97.6% | $5,403-95.5% |