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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 | $16,098 | $133,998-88.0% | $112,263-85.7% | $134,545-88.0% |
| Participation rate | 38.5% | 78.6%-40.1pp | 75.1%-36.6pp | 81.2%-42.8pp |
| Annual return | -11.96% | 47.17%-59.1pp | 27.49%-39.4pp | 418.37%-430.3pp |
| Employer contribution / active EE | $985 | $4,040-75.6% | $3,636-72.9% | $4,742-79.2% |
| Participant deferral / active EE | $1,182 | $5,292-77.7% | $4,729-75.0% | $6,401-81.5% |
| Admin fee / account holder | $210 | $7,493-97.2% | $6,410-96.7% | $11,431-98.2% |