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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 | $75,304 | $71,872+4.8% | $86,691-13.1% | $68,495+9.9% |
| Participation rate | 18.2% | 72.2%-54.1pp | 76.6%-58.4pp | 67.9%-49.7pp |
| Annual return | -14.62% | 3.53%-18.2pp | 35.94%-50.6pp | -7.84%-6.8pp |
| Employer contribution / active EE | $811 | $2,173-62.7% | $2,837-71.4% | $2,596-68.8% |
| Participant deferral / active EE | $1,702 | $3,779-55.0% | $4,656-63.5% | $4,028-57.8% |
| Admin fee / account holder | -$346 | $6,112-105.7% | $7,492-104.6% | $5,403-106.4% |