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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 | $23,054 | $49,471-53.4% | $79,583-71.0% | $66,949-65.6% |
| Participation rate | 30.0% | 61.4%-31.4pp | 69.5%-39.5pp | 69.8%-39.8pp |
| Annual return | -16.07% | 84.30%-100.4pp | 0.16%-16.2pp | 1.57%-17.6pp |
| Employer contribution / active EE | $810 | $1,266-36.0% | $2,414-66.4% | $2,545-68.2% |
| Participant deferral / active EE | $1,252 | $3,160-60.4% | $3,986-68.6% | $4,239-70.5% |
| Admin fee / account holder | $269 | $595-54.7% | $6,835-96.1% | $594-54.7% |