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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 | $106,766 | $91,911+16.2% | $68,793+55.2% | $135,382-21.1% |
| Participation rate | 66.7% | 76.7%-10.1pp | 72.2%-5.6pp | 82.6%-16.0pp |
| Annual return | -2.13% | -8.22%+6.1pp | -4.63%+2.5pp | 519.77%-521.9pp |
| Employer contribution / active EE | $257 | $3,924-93.4% | $2,625-90.2% | $4,779-94.6% |
| Participant deferral / active EE | $313 | $4,315-92.7% | $3,311-90.5% | $5,609-94.4% |
| Admin fee / account holder | $16 | $9,240-99.8% | $5,131-99.7% | $10,829-99.9% |