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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 | $89,771 | $82,674+8.6% | $125,381-28.4% | $68,486+31.1% |
| Participation rate | 62.3% | 75.1%-12.8pp | 82.4%-20.1pp | 67.9%-5.6pp |
| Annual return | -15.59% | -5.97%-9.6pp | 572.31%-587.9pp | -7.85%-7.7pp |
| Employer contribution / active EE | $1,206 | $3,382-64.3% | $4,815-75.0% | $2,597-53.6% |
| Participant deferral / active EE | $2,381 | $6,111-61.0% | $7,448-68.0% | $4,028-40.9% |
| Admin fee / account holder | $17 | $6,277-99.7% | $10,007-99.8% | $5,404-99.7% |