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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 | $27,235 | $54,355-49.9% | $82,744-67.1% | $68,486-60.2% |
| Participation rate | 37.8% | 63.9%-26.1pp | 72.6%-34.7pp | 67.9%-30.1pp |
| Annual return | -17.32% | -13.67%-3.7pp | 702.22%-719.5pp | -7.85%-9.5pp |
| Employer contribution / active EE | $450 | $2,219-79.7% | $3,008-85.0% | $2,597-82.7% |
| Participant deferral / active EE | $618 | $3,246-81.0% | $4,395-85.9% | $4,028-84.7% |
| Admin fee / account holder | $300 | $4,397-93.2% | $5,325-94.4% | $5,404-94.4% |