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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 | $12,701 | $43,338-70.7% | $59,887-78.8% | $64,173-80.2% |
| Participation rate | 34.3% | 69.2%-34.9pp | 74.7%-40.4pp | 69.6%-35.3pp |
| Annual return | -5.68% | -1.55%-4.1pp | 3.46%-9.1pp | 7.63%-13.3pp |
| Employer contribution / active EE | $167 | $2,030-91.8% | $2,722-93.9% | $2,381-93.0% |
| Participant deferral / active EE | $478 | $2,547-81.2% | $3,402-86.0% | $3,470-86.2% |
| Admin fee / account holder | $16 | $3,007-99.5% | $3,591-99.5% | $4,887-99.7% |