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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 | $21,144 | $77,817-72.8% | $123,553-82.9% | $64,173-67.1% |
| Participation rate | 23.1% | 74.7%-51.6pp | 82.3%-59.2pp | 69.6%-46.5pp |
| Annual return | -5.94% | 12.49%-18.4pp | 119.21%-125.2pp | 7.63%-13.6pp |
| Employer contribution / active EE | $306 | $3,014-89.8% | $4,628-93.4% | $2,381-87.1% |
| Participant deferral / active EE | $376 | $5,240-92.8% | $6,426-94.2% | $3,470-89.2% |
| Admin fee / account holder | $130 | $5,519-97.7% | $9,284-98.6% | $4,887-97.3% |