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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 | $44,956 | $32,037+40.3% | $69,182-35.0% | $62,881-28.5% |
| Participation rate | 4.7% | 43.4%-38.8pp | 55.1%-50.5pp | 69.3%-64.7pp |
| Annual return | 7.75% | 15.16%-7.4pp | -21.93%+29.7pp | 20.14%-12.4pp |
| Employer contribution / active EE | $90 | $679-86.8% | $1,206-92.6% | $2,281-96.1% |
| Participant deferral / active EE | $259 | $1,185-78.1% | $1,897-86.3% | $3,203-91.9% |
| Admin fee / account holder | $0 | $2,608-100.0% | $2,697-100.0% | $4,296-100.0% |