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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 | $16,548 | $54,355-69.6% | $82,744-80.0% | $68,486-75.8% |
| Participation rate | 24.4% | 63.9%-39.6pp | 72.6%-48.2pp | 67.9%-43.5pp |
| Annual return | -16.77% | -13.67%-3.1pp | 702.22%-719.0pp | -7.85%-8.9pp |
| Employer contribution / active EE | $447 | $2,219-79.9% | $3,008-85.1% | $2,597-82.8% |
| Participant deferral / active EE | $537 | $3,246-83.5% | $4,395-87.8% | $4,028-86.7% |
| Admin fee / account holder | $188 | $4,397-95.7% | $5,325-96.5% | $5,404-96.5% |