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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 | $28,779 | $73,848-61.0% | $143,799-80.0% | $68,486-58.0% |
| Participation rate | 43.8% | 66.7%-22.9pp | 80.3%-36.6pp | 67.9%-24.1pp |
| Annual return | -16.37% | 0.91%-17.3pp | -0.04%-16.3pp | -7.85%-8.5pp |
| Employer contribution / active EE | $617 | $3,184-80.6% | $4,952-87.5% | $2,597-76.2% |
| Participant deferral / active EE | $751 | $3,385-77.8% | $5,638-86.7% | $4,028-81.4% |
| Admin fee / account holder | $52 | $5,755-99.1% | $14,677-99.6% | $5,404-99.0% |