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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 | $43,360 | $90,607-52.1% | $79,467-45.4% | $135,380-68.0% |
| Participation rate | 47.1% | 76.0%-29.0pp | 73.3%-26.3pp | 82.6%-35.6pp |
| Annual return | -6.45% | 977.74%-984.2pp | 718.30%-724.8pp | 519.81%-526.3pp |
| Employer contribution / active EE | $348 | $3,068-88.7% | $2,800-87.6% | $4,779-92.7% |
| Participant deferral / active EE | $506 | $4,050-87.5% | $3,704-86.3% | $5,609-91.0% |
| Admin fee / account holder | $156 | $5,895-97.4% | $5,104-97.0% | $10,828-98.6% |