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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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,046 | $58,600-53.8% | $83,327-67.5% | $64,173-57.9% |
| Participation rate | 48.1% | 72.0%-23.9pp | 77.8%-29.6pp | 69.6%-21.4pp |
| Annual return | -6.05% | 9.66%-15.7pp | 10.64%-16.7pp | 7.63%-13.7pp |
| Employer contribution / active EE | $408 | $2,098-80.6% | $3,379-87.9% | $2,381-82.9% |
| Participant deferral / active EE | $1,343 | $4,656-71.2% | $5,565-75.9% | $3,470-61.3% |
| Admin fee / account holder | $137 | $9,282-98.5% | $7,540-98.2% | $4,887-97.2% |