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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 | $66,050 | $167,352-60.5% | $143,788-54.1% | $134,509-50.9% |
| Participation rate | 66.7% | 84.8%-18.1pp | 80.3%-13.6pp | 81.2%-14.6pp |
| Annual return | -16.14% | 0.47%-16.6pp | -0.03%-16.1pp | 418.13%-434.3pp |
| Employer contribution / active EE | $4,746 | $5,620-15.6% | $4,952-4.2% | $4,741+0.1% |
| Participant deferral / active EE | $1,637 | $6,447-74.6% | $5,638-71.0% | $6,400-74.4% |
| Admin fee / account holder | $178 | $18,091-99.0% | $14,675-98.8% | $11,427-98.4% |