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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 | $54,641 | $142,392-61.6% | $119,622-54.3% | $134,532-59.4% |
| Participation rate | 22.2% | 82.8%-60.6pp | 79.3%-57.0pp | 81.2%-59.0pp |
| Annual return | -17.56% | -12.46%-5.1pp | -14.98%-2.6pp | 418.27%-435.8pp |
| Employer contribution / active EE | $964 | $5,224-81.5% | $4,232-77.2% | $4,741-79.7% |
| Participant deferral / active EE | $1,376 | $6,467-78.7% | $5,601-75.4% | $6,401-78.5% |
| Admin fee / account holder | $45 | $13,593-99.7% | $10,328-99.6% | $11,429-99.6% |