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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 | $51,029 | $77,817-34.4% | $123,553-58.7% | $64,173-20.5% |
| Participation rate | 19.6% | 74.7%-55.1pp | 82.3%-62.7pp | 69.6%-50.0pp |
| Annual return | -7.98% | 12.49%-20.5pp | 119.21%-127.2pp | 7.63%-15.6pp |
| Employer contribution / active EE | $1,124 | $3,014-62.7% | $4,628-75.7% | $2,381-52.8% |
| Participant deferral / active EE | $1,889 | $5,240-63.9% | $6,426-70.6% | $3,470-45.6% |
| Admin fee / account holder | $240 | $5,519-95.7% | $9,284-97.4% | $4,887-95.1% |