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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 | $13,421 | $45,872-70.7% | $77,096-82.6% | $68,486-80.4% |
| Participation rate | 45.5% | 55.9%-10.5pp | 67.9%-22.5pp | 67.9%-22.4pp |
| Annual return | -15.53% | 1.73%-17.3pp | 42.35%-57.9pp | -7.85%-7.7pp |
| Employer contribution / active EE | $458 | $1,650-72.3% | $2,814-83.7% | $2,597-82.4% |
| Participant deferral / active EE | $602 | $2,963-79.7% | $4,429-86.4% | $4,028-85.1% |
| Admin fee / account holder | $0 | $3,041-100.0% | $5,428-100.0% | $5,404-100.0% |