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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 | $45,928 | $82,674-44.4% | $125,381-63.4% | $68,486-32.9% |
| Participation rate | 46.3% | 75.1%-28.7pp | 82.4%-36.0pp | 67.9%-21.6pp |
| Annual return | -12.65% | -5.97%-6.7pp | 572.31%-585.0pp | -7.85%-4.8pp |
| Employer contribution / active EE | $936 | $3,382-72.3% | $4,815-80.6% | $2,597-64.0% |
| Participant deferral / active EE | $1,231 | $6,111-79.8% | $7,448-83.5% | $4,028-69.4% |
| Admin fee / account holder | $148 | $6,277-97.6% | $10,007-98.5% | $5,404-97.3% |