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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 | $56,873 | $167,522-66.1% | $151,639-62.5% | $134,532-57.7% |
| Participation rate | 37.5% | 88.4%-50.9pp | 87.5%-50.0pp | 81.2%-43.7pp |
| Annual return | -15.58% | 7.81%-23.4pp | 3.34%-18.9pp | 418.27%-433.8pp |
| Employer contribution / active EE | $0 | $6,828-100.0% | $6,165-100.0% | $4,741-100.0% |
| Participant deferral / active EE | $2,573 | $8,986-71.4% | $8,363-69.2% | $6,401-59.8% |
| Admin fee / account holder | $44 | $13,780-99.7% | $11,613-99.6% | $11,429-99.6% |