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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 | $25,052 | $71,230-64.8% | $93,727-73.3% | $80,959-69.1% |
| Participation rate | 19.5% | 60.4%-40.9pp | 68.7%-49.2pp | 67.7%-48.2pp |
| Annual return | 24.81% | 11.26%+13.6pp | 133.83%-109.0pp | 35.67%-10.9pp |
| Employer contribution / active EE | $512 | $1,565-67.3% | $2,421-78.9% | $2,757-81.4% |
| Participant deferral / active EE | $759 | $4,037-81.2% | $4,417-82.8% | $4,300-82.4% |
| Admin fee / account holder | $0 | $6,961-100.0% | $8,292-100.0% | $6,925-100.0% |