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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 | $43,966 | $45,872-4.2% | $77,100-43.0% | $68,490-35.8% |
| Participation rate | 56.0% | 55.9%+0.1pp | 67.9%-11.9pp | 67.9%-11.9pp |
| Annual return | -15.36% | 1.73%-17.1pp | 42.35%-57.7pp | -7.85%-7.5pp |
| Employer contribution / active EE | $1,920 | $1,650+16.4% | $2,815-31.8% | $2,597-26.1% |
| Participant deferral / active EE | $194 | $2,963-93.5% | $4,430-95.6% | $4,028-95.2% |
| Admin fee / account holder | $0 | $3,041-100.0% | $5,443-100.0% | $5,403-100.0% |