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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 | $29,442 | $52,911-44.4% | $73,309-59.8% | $59,633-50.6% |
| Participation rate | 48.0% | 68.2%-20.2pp | 74.9%-26.9pp | 68.7%-20.7pp |
| Annual return | -0.22% | 12.20%-12.4pp | 5.67%-5.9pp | 2041.45%-2041.7pp |
| Employer contribution / active EE | $975 | $1,909-48.9% | $3,237-69.9% | $2,203-55.8% |
| Participant deferral / active EE | $1,111 | $4,069-72.7% | $4,991-77.7% | $3,192-65.2% |
| Admin fee / account holder | $134 | $3,835-96.5% | $5,635-97.6% | $4,297-96.9% |