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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 | $25,164 | $50,947-50.6% | $74,549-66.2% | $64,173-60.8% |
| Participation rate | 17.6% | 61.1%-43.4pp | 69.1%-51.5pp | 69.6%-51.9pp |
| Annual return | 0.00% | -1.85%+1.9pp | 32.53%-32.5pp | 7.63%-7.6pp |
| Employer contribution / active EE | $255 | $1,115-77.2% | $1,961-87.0% | $2,381-89.3% |
| Participant deferral / active EE | $849 | $2,302-63.1% | $3,108-72.7% | $3,470-75.5% |
| Admin fee / account holder | $33 | $4,221-99.2% | $5,059-99.3% | $4,887-99.3% |