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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 | $59,614 | $58,600+1.7% | $83,327-28.5% | $64,173-7.1% |
| Participation rate | 32.4% | 72.0%-39.6pp | 77.8%-45.3pp | 69.6%-37.1pp |
| Annual return | -5.12% | 9.66%-14.8pp | 10.64%-15.8pp | 7.63%-12.7pp |
| Employer contribution / active EE | $838 | $2,098-60.1% | $3,379-75.2% | $2,381-64.8% |
| Participant deferral / active EE | $1,369 | $4,656-70.6% | $5,565-75.4% | $3,470-60.5% |
| Admin fee / account holder | $91 | $9,282-99.0% | $7,540-98.8% | $4,887-98.1% |