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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 | $32,258 | $82,674-61.0% | $125,381-74.3% | $68,486-52.9% |
| Participation rate | 58.1% | 75.1%-17.0pp | 82.4%-24.3pp | 67.9%-9.8pp |
| Annual return | -13.11% | -5.97%-7.1pp | 572.31%-585.4pp | -7.85%-5.3pp |
| Employer contribution / active EE | $1,104 | $3,382-67.4% | $4,815-77.1% | $2,597-57.5% |
| Participant deferral / active EE | $2,242 | $6,111-63.3% | $7,448-69.9% | $4,028-44.3% |
| Admin fee / account holder | $1 | $6,277-100.0% | $10,007-100.0% | $5,404-100.0% |