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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 | $18,433 | $56,357-67.3% | $104,303-82.3% | $68,498-73.1% |
| Participation rate | 30.4% | 63.3%-32.9pp | 73.3%-42.9pp | 67.9%-37.5pp |
| Annual return | -11.98% | -9.19%-2.8pp | 24.61%-36.6pp | -7.84%-4.1pp |
| Employer contribution / active EE | $510 | $1,960-74.0% | $3,372-84.9% | $2,596-80.4% |
| Participant deferral / active EE | $1,001 | $3,077-67.5% | $4,625-78.4% | $4,027-75.1% |
| Admin fee / account holder | $133 | $4,903-97.3% | $7,340-98.2% | $5,403-97.5% |