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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 | $30,198 | $167,353-82.0% | $143,797-79.0% | $134,545-77.6% |
| Participation rate | 62.5% | 84.8%-22.3pp | 80.3%-17.8pp | 81.2%-18.7pp |
| Annual return | -16.93% | 0.48%-17.4pp | -0.04%-16.9pp | 418.37%-435.3pp |
| Employer contribution / active EE | $3,664 | $5,620-34.8% | $4,952-26.0% | $4,742-22.7% |
| Participant deferral / active EE | $2,003 | $6,447-68.9% | $5,638-64.5% | $6,401-68.7% |
| Admin fee / account holder | $89 | $18,096-99.5% | $14,679-99.4% | $11,431-99.2% |