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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 | $34,474 | $71,878-52.0% | $86,698-60.2% | $68,486-49.7% |
| Participation rate | 57.7% | 72.2%-14.6pp | 76.6%-18.9pp | 67.9%-10.2pp |
| Annual return | -12.00% | 3.53%-15.5pp | 35.95%-48.0pp | -7.85%-4.1pp |
| Employer contribution / active EE | $1,088 | $2,173-49.9% | $2,837-61.6% | $2,597-58.1% |
| Participant deferral / active EE | $1,639 | $3,779-56.6% | $4,656-64.8% | $4,028-59.3% |
| Admin fee / account holder | $7 | $6,113-99.9% | $7,493-99.9% | $5,404-99.9% |