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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 | $73,787-50.5% | $98,716-63.0% | $82,448-55.7% |
| Participation rate | 15.9% | 61.4%-45.5pp | 69.3%-53.4pp | 68.1%-52.2pp |
| Annual return | 20.08% | 18.57%+1.5pp | 31.81%-11.7pp | 41.64%-21.6pp |
| Employer contribution / active EE | $499 | $1,511-67.0% | $2,279-78.1% | $2,551-80.5% |
| Participant deferral / active EE | $819 | $3,081-73.4% | $4,048-79.8% | $4,139-80.2% |
| Admin fee / account holder | $0 | $6,500-100.0% | $8,703-100.0% | $7,234-100.0% |