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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 | $23,488 | $129,959-81.9% | $104,301-77.5% | $134,532-82.5% |
| Participation rate | 20.0% | 79.5%-59.5pp | 73.3%-53.3pp | 81.2%-61.2pp |
| Annual return | -19.11% | 42.04%-61.2pp | 24.61%-43.7pp | 418.27%-437.4pp |
| Employer contribution / active EE | $812 | $4,185-80.6% | $3,373-75.9% | $4,741-82.9% |
| Participant deferral / active EE | $1,166 | $5,589-79.1% | $4,626-74.8% | $6,401-81.8% |
| Admin fee / account holder | $161 | $9,325-98.3% | $7,340-97.8% | $11,429-98.6% |