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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 | $65,066 | $77,817-16.4% | $123,553-47.3% | $64,173+1.4% |
| Participation rate | 46.5% | 74.7%-28.2pp | 82.3%-35.8pp | 69.6%-23.1pp |
| Annual return | -6.05% | 12.49%-18.5pp | 119.21%-125.3pp | 7.63%-13.7pp |
| Employer contribution / active EE | $645 | $3,014-78.6% | $4,628-86.1% | $2,381-72.9% |
| Participant deferral / active EE | $1,534 | $5,240-70.7% | $6,426-76.1% | $3,470-55.8% |
| Admin fee / account holder | $169 | $5,519-96.9% | $9,284-98.2% | $4,887-96.5% |