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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 | $133,530 | $42,383+215.1% | $76,518+74.5% | $64,173+108.1% |
| Participation rate | 15.0% | 58.1%-43.1pp | 68.0%-53.0pp | 69.6%-54.6pp |
| Annual return | 0.21% | -16.54%+16.7pp | -0.27%+0.5pp | 7.63%-7.4pp |
| Employer contribution / active EE | $0 | $1,563-100.0% | $2,647-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $522 | $2,566-79.7% | $3,836-86.4% | $3,470-85.0% |
| Admin fee / account holder | $0 | $3,198-100.0% | $4,849-100.0% | $4,887-100.0% |