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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 | $18,629 | $82,674-77.5% | $125,381-85.1% | $68,486-72.8% |
| Participation rate | 37.5% | 75.1%-37.6pp | 82.4%-44.9pp | 67.9%-30.4pp |
| Annual return | -17.40% | -5.97%-11.4pp | 572.31%-589.7pp | -7.85%-9.5pp |
| Employer contribution / active EE | $1,247 | $3,382-63.1% | $4,815-74.1% | $2,597-52.0% |
| Participant deferral / active EE | $1,578 | $6,111-74.2% | $7,448-78.8% | $4,028-60.8% |
| Admin fee / account holder | $0 | $6,277-100.0% | $10,007-100.0% | $5,404-100.0% |