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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 | $80,229 | $105,866-24.2% | $90,766-11.6% | $134,545-40.4% |
| Participation rate | 58.3% | 78.3%-19.9pp | 75.7%-17.4pp | 81.2%-22.9pp |
| Annual return | -12.12% | -10.99%-1.1pp | -12.16%0pp | 418.37%-430.5pp |
| Employer contribution / active EE | $862 | $3,464-75.1% | $2,922-70.5% | $4,742-81.8% |
| Participant deferral / active EE | $1,089 | $5,217-79.1% | $4,565-76.1% | $6,401-83.0% |
| Admin fee / account holder | $15 | $13,938-99.9% | $8,446-99.8% | $11,431-99.9% |