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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 | $26,062 | $87,016-70.0% | $63,244-58.8% | $125,388-79.2% |
| Participation rate | 33.3% | 77.1%-43.7pp | 71.0%-37.7pp | 83.2%-49.9pp |
| Annual return | -1.21% | 21.71%-22.9pp | -70.31%+69.1pp | 282.24%-283.4pp |
| Employer contribution / active EE | $586 | $3,601-83.7% | $2,322-74.7% | $4,866-88.0% |
| Participant deferral / active EE | $586 | $3,939-85.1% | $2,953-80.1% | $5,352-89.0% |
| Admin fee / account holder | $36 | $11,954-99.7% | $5,893-99.4% | $9,541-99.6% |