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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 | $72,557 | $73,863-1.8% | $143,797-49.5% | $68,490+5.9% |
| Participation rate | 12.1% | 66.7%-54.6pp | 80.3%-68.2pp | 67.9%-55.8pp |
| Annual return | -18.97% | 0.91%-19.9pp | -0.04%-18.9pp | -7.85%-11.1pp |
| Employer contribution / active EE | $252 | $3,185-92.1% | $4,952-94.9% | $2,597-90.3% |
| Participant deferral / active EE | $361 | $3,385-89.3% | $5,638-93.6% | $4,028-91.0% |
| Admin fee / account holder | $0 | $5,756-100.0% | $14,679-100.0% | $5,403-100.0% |