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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 | $35,343 | $76,401-53.7% | $106,387-66.8% | $64,173-44.9% |
| Participation rate | 32.3% | 73.5%-41.3pp | 77.5%-45.2pp | 69.6%-37.3pp |
| Annual return | -6.17% | -2.19%-4.0pp | 0.25%-6.4pp | 7.63%-13.8pp |
| Employer contribution / active EE | $0 | $2,680-100.0% | $3,520-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $1,225 | $4,274-71.3% | $5,421-77.4% | $3,470-64.7% |
| Admin fee / account holder | $298 | $4,610-93.5% | $7,510-96.0% | $4,887-93.9% |