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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 | $59,729 | $64,719-7.7% | $112,249-46.8% | $68,486-12.8% |
| Participation rate | 30.8% | 67.2%-36.4pp | 75.1%-44.3pp | 67.9%-37.1pp |
| Annual return | -17.17% | -11.40%-5.8pp | 27.48%-44.7pp | -7.85%-9.3pp |
| Employer contribution / active EE | $1,211 | $2,747-55.9% | $3,636-66.7% | $2,597-53.4% |
| Participant deferral / active EE | $1,205 | $3,565-66.2% | $4,729-74.5% | $4,028-70.1% |
| Admin fee / account holder | $15 | $5,232-99.7% | $6,412-99.8% | $5,404-99.7% |