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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 | $38,613 | $58,848-34.4% | $88,179-56.2% | $82,637-53.3% |
| Participation rate | 13.5% | 57.9%-44.4pp | 69.1%-55.6pp | 68.1%-54.5pp |
| Annual return | 19.07% | 22.76%-3.7pp | 64.97%-45.9pp | 53.51%-34.4pp |
| Employer contribution / active EE | $829 | $1,678-50.6% | $2,549-67.5% | $2,552-67.5% |
| Participant deferral / active EE | $353 | $3,124-88.7% | $4,614-92.4% | $4,126-91.4% |
| Admin fee / account holder | $9 | $4,795-99.8% | $7,673-99.9% | $7,339-99.9% |