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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 | $36,524 | $76,834-52.5% | $108,359-66.3% | $87,485-58.3% |
| Participation rate | 15.9% | 61.7%-45.8pp | 70.1%-54.2pp | 68.9%-53.0pp |
| Annual return | 20.08% | 19.09%+1.0pp | 36.89%-16.8pp | 26.06%-6.0pp |
| Employer contribution / active EE | $499 | $1,556-68.0% | $2,399-79.2% | $2,596-80.8% |
| Participant deferral / active EE | $819 | $3,100-73.6% | $4,137-80.2% | $4,274-80.8% |
| Admin fee / account holder | $0 | $6,537-100.0% | $9,741-100.0% | $7,775-100.0% |