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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 | $15,443 | $95,188-83.8% | $76,518-79.8% | $135,380-88.6% |
| Participation rate | 40.0% | 74.4%-34.4pp | 68.0%-28.0pp | 82.6%-42.6pp |
| Annual return | -1.51% | 4.85%-6.4pp | -0.27%-1.2pp | 519.81%-521.3pp |
| Employer contribution / active EE | $287 | $3,303-91.3% | $2,647-89.2% | $4,779-94.0% |
| Participant deferral / active EE | $454 | $4,640-90.2% | $3,836-88.2% | $5,609-91.9% |
| Admin fee / account holder | $34 | $6,249-99.5% | $4,849-99.3% | $10,828-99.7% |