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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 | $69,309 | $46,697+48.4% | $117,533-41.0% | $68,486+1.2% |
| Participation rate | 28.6% | 56.8%-28.2pp | 70.6%-42.0pp | 67.9%-39.3pp |
| Annual return | -8.09% | -14.52%+6.4pp | 29.77%-37.9pp | -7.85%-0.2pp |
| Employer contribution / active EE | $0 | $1,506-100.0% | $4,179-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $869 | $2,637-67.1% | $4,072-78.7% | $4,028-78.4% |
| Admin fee / account holder | $32 | $4,023-99.2% | $5,647-99.4% | $5,404-99.4% |