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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 | $86,780 | $86,705+0.1% | $73,309+18.4% | $125,393-30.8% |
| Participation rate | 23.5% | 78.6%-55.1pp | 74.9%-51.4pp | 83.2%-59.7pp |
| Annual return | -1.66% | 2.78%-4.4pp | 5.67%-7.3pp | 282.23%-283.9pp |
| Employer contribution / active EE | $588 | $4,152-85.8% | $3,237-81.8% | $4,866-87.9% |
| Participant deferral / active EE | $1,393 | $5,549-74.9% | $4,991-72.1% | $5,351-74.0% |
| Admin fee / account holder | $0 | $7,772-100.0% | $5,637-100.0% | $9,541-100.0% |