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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 | $59,378 | $129,960-54.3% | $104,299-43.1% | $134,545-55.9% |
| Participation rate | 18.8% | 79.5%-60.8pp | 73.3%-54.5pp | 81.2%-62.5pp |
| Annual return | -14.44% | 42.06%-56.5pp | 24.62%-39.1pp | 418.37%-432.8pp |
| Employer contribution / active EE | $469 | $4,186-88.8% | $3,373-86.1% | $4,742-90.1% |
| Participant deferral / active EE | $586 | $5,589-89.5% | $4,626-87.3% | $6,401-90.8% |
| Admin fee / account holder | $265 | $9,324-97.2% | $7,339-96.4% | $11,431-97.7% |