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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 | $71,849 | $69,977+2.7% | $108,582-33.8% | $62,881+14.3% |
| Participation rate | 69.0% | 72.9%-3.9pp | 79.6%-10.6pp | 69.3%-0.3pp |
| Annual return | 5.52% | 10.73%-5.2pp | -51.70%+57.2pp | 20.14%-14.6pp |
| Employer contribution / active EE | $592 | $2,135-72.3% | $3,758-84.3% | $2,281-74.1% |
| Participant deferral / active EE | $1,231 | $3,165-61.1% | $4,311-71.4% | $3,203-61.6% |
| Admin fee / account holder | $0 | $5,076-100.0% | $7,645-100.0% | $4,296-100.0% |