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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 | $28,310 | $42,383-33.2% | $76,523-63.0% | $64,181-55.9% |
| Participation rate | 25.0% | 58.1%-33.1pp | 68.0%-43.0pp | 69.6%-44.6pp |
| Annual return | -8.49% | -16.54%+8.0pp | -0.27%-8.2pp | 7.63%-16.1pp |
| Employer contribution / active EE | $1,545 | $1,563-1.2% | $2,647-41.7% | $2,381-35.1% |
| Participant deferral / active EE | $712 | $2,566-72.3% | $3,835-81.4% | $3,470-79.5% |
| Admin fee / account holder | $56 | $3,198-98.3% | $4,848-98.8% | $4,887-98.9% |