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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 | $21,833 | $59,813-63.5% | $79,580-72.6% | $68,486-68.1% |
| Participation rate | 24.2% | 61.1%-36.8pp | 69.5%-45.2pp | 67.9%-43.7pp |
| Annual return | -18.57% | -12.30%-6.3pp | 0.15%-18.7pp | -7.85%-10.7pp |
| Employer contribution / active EE | $342 | $1,505-77.3% | $2,413-85.8% | $2,597-86.8% |
| Participant deferral / active EE | $986 | $3,024-67.4% | $3,985-75.3% | $4,028-75.5% |
| Admin fee / account holder | $64 | $4,835-98.7% | $6,835-99.1% | $5,404-98.8% |