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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 | $47,572 | $86,298-44.9% | $111,308-57.3% | $85,847-44.6% |
| Participation rate | 61.3% | 73.3%-12.0pp | 77.3%-16.0pp | 69.3%-8.0pp |
| Annual return | 0.00% | 19.99%-20.0pp | 54.67%-54.7pp | 318.61%-318.6pp |
| Employer contribution / active EE | $749 | $2,044-63.3% | $2,732-72.6% | $2,565-70.8% |
| Participant deferral / active EE | $1,113 | $3,641-69.4% | $4,487-75.2% | $3,952-71.8% |
| Admin fee / account holder | $259 | $8,189-96.8% | $7,965-96.7% | $6,261-95.9% |