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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 | $18,572 | $95,188-80.5% | $76,518-75.7% | $135,379-86.3% |
| Participation rate | 25.0% | 74.4%-49.4pp | 68.0%-43.0pp | 82.6%-57.6pp |
| Annual return | -9.73% | 4.85%-14.6pp | -0.27%-9.5pp | 519.79%-529.5pp |
| Employer contribution / active EE | $328 | $3,303-90.1% | $2,647-87.6% | $4,779-93.1% |
| Participant deferral / active EE | $410 | $4,640-91.2% | $3,836-89.3% | $5,609-92.7% |
| Admin fee / account holder | $172 | $6,249-97.3% | $4,849-96.5% | $10,828-98.4% |