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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 | $46,627 | $77,817-40.1% | $123,553-62.3% | $64,173-27.3% |
| Participation rate | 60.3% | 74.7%-14.4pp | 82.3%-22.0pp | 69.6%-9.3pp |
| Annual return | -0.44% | 12.49%-12.9pp | 119.21%-119.6pp | 7.63%-8.1pp |
| Employer contribution / active EE | $1,085 | $3,014-64.0% | $4,628-76.6% | $2,381-54.4% |
| Participant deferral / active EE | $1,989 | $5,240-62.0% | $6,426-69.1% | $3,470-42.7% |
| Admin fee / account holder | $107 | $5,519-98.1% | $9,284-98.8% | $4,887-97.8% |