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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 | $14,270 | $91,198-84.4% | $178,503-92.0% | $79,856-82.1% |
| Participation rate | 34.3% | 69.2%-34.9pp | 81.9%-47.6pp | 69.6%-35.4pp |
| Annual return | 16.73% | 24.20%-7.5pp | 151.12%-134.4pp | 31.71%-15.0pp |
| Employer contribution / active EE | $422 | $3,257-87.0% | $5,011-91.6% | $2,471-82.9% |
| Participant deferral / active EE | $592 | $3,237-81.7% | $5,202-88.6% | $3,741-84.2% |
| Admin fee / account holder | $19 | $6,748-99.7% | $13,987-99.9% | $5,306-99.6% |