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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 | $135,020 | $167,362-19.3% | $143,799-6.1% | $134,532+0.4% |
| Participation rate | 37.5% | 84.8%-47.3pp | 80.3%-42.8pp | 81.2%-43.7pp |
| Annual return | 0.00% | 0.47%-0.5pp | -0.04%0pp | 418.27%-418.3pp |
| Employer contribution / active EE | $819 | $5,620-85.4% | $4,952-83.5% | $4,741-82.7% |
| Participant deferral / active EE | $2,055 | $6,447-68.1% | $5,638-63.6% | $6,401-67.9% |
| Admin fee / account holder | $36 | $18,094-99.8% | $14,677-99.8% | $11,429-99.7% |