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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 | $50,625 | $92,219-45.1% | $76,768-34.1% | $135,379-62.6% |
| Participation rate | 39.1% | 79.8%-40.6pp | 77.0%-37.8pp | 82.6%-43.5pp |
| Annual return | -6.96% | 5.46%-12.4pp | 2.43%-9.4pp | 519.79%-526.8pp |
| Employer contribution / active EE | $606 | $3,216-81.2% | $2,485-75.6% | $4,779-87.3% |
| Participant deferral / active EE | $625 | $4,508-86.1% | $3,852-83.8% | $5,609-88.8% |
| Admin fee / account holder | $35 | $10,749-99.7% | $6,675-99.5% | $10,828-99.7% |