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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 | $29,416 | $91,537-67.9% | $130,045-77.4% | $75,173-60.9% |
| Participation rate | 17.2% | 71.5%-54.2pp | 78.5%-61.3pp | 67.2%-50.0pp |
| Annual return | 257.28% | -631.55%+888.8pp | -137.30%+394.6pp | 160.72%+96.6pp |
| Employer contribution / active EE | $250 | $2,845-91.2% | $4,321-94.2% | $2,671-90.6% |
| Participant deferral / active EE | $560 | $4,343-87.1% | $5,820-90.4% | $4,126-86.4% |
| Admin fee / account holder | $190 | $6,780-97.2% | $10,600-98.2% | $5,651-96.6% |