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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 | $43,761 | $49,025-10.7% | $87,502-50.0% | $62,881-30.4% |
| Participation rate | 35.5% | 64.9%-29.4pp | 73.8%-38.4pp | 69.3%-33.8pp |
| Annual return | 6.69% | 10.02%-3.3pp | 12.21%-5.5pp | 20.14%-13.5pp |
| Employer contribution / active EE | $0 | $1,372-100.0% | $2,550-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $418 | $2,289-81.7% | $3,149-86.7% | $3,203-86.9% |
| Admin fee / account holder | $0 | $4,065-100.0% | $4,221-100.0% | $4,296-100.0% |