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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 | $64,435 | $167,533-61.5% | $151,645-57.5% | $134,545-52.1% |
| Participation rate | 40.0% | 88.4%-48.4pp | 87.5%-47.5pp | 81.2%-41.2pp |
| Annual return | -13.82% | 7.81%-21.6pp | 3.34%-17.2pp | 418.37%-432.2pp |
| Employer contribution / active EE | $284 | $6,828-95.8% | $6,165-95.4% | $4,742-94.0% |
| Participant deferral / active EE | $426 | $8,985-95.3% | $8,363-94.9% | $6,401-93.4% |
| Admin fee / account holder | $30 | $13,781-99.8% | $11,614-99.7% | $11,431-99.7% |