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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 | $30,561 | $61,660-50.4% | $80,022-61.8% | $64,173-52.4% |
| Participation rate | 23.2% | 71.7%-48.5pp | 75.8%-52.6pp | 69.6%-46.4pp |
| Annual return | -7.07% | -0.33%-6.7pp | 11.22%-18.3pp | 7.63%-14.7pp |
| Employer contribution / active EE | $0 | $1,810-100.0% | $2,468-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $716 | $2,968-75.9% | $3,686-80.6% | $3,470-79.4% |
| Admin fee / account holder | $2 | $5,417-100.0% | $6,521-100.0% | $4,887-100.0% |