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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 | $39,890 | $87,059-54.2% | $105,608-62.2% | $80,925-50.7% |
| Participation rate | 27.8% | 70.4%-42.7pp | 75.3%-47.5pp | 67.7%-39.9pp |
| Annual return | 10.63% | 17.05%-6.4pp | 116.50%-105.9pp | 35.65%-25.0pp |
| Employer contribution / active EE | $0 | $2,396-100.0% | $3,167-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $537 | $3,986-86.5% | $5,010-89.3% | $4,299-87.5% |
| Admin fee / account holder | $50 | $8,443-99.4% | $11,028-99.5% | $6,940-99.3% |