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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 | $41,890 | $167,533-75.0% | $151,645-72.4% | $134,545-68.9% |
| Participation rate | 50.0% | 88.4%-38.4pp | 87.5%-37.5pp | 81.2%-31.2pp |
| Annual return | -15.89% | 7.81%-23.7pp | 3.34%-19.2pp | 418.37%-434.3pp |
| Employer contribution / active EE | $0 | $6,828-100.0% | $6,165-100.0% | $4,742-100.0% |
| Participant deferral / active EE | $2,458 | $8,985-72.6% | $8,363-70.6% | $6,401-61.6% |
| Admin fee / account holder | $126 | $13,781-99.1% | $11,614-98.9% | $11,431-98.9% |