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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 | $22,139 | $63,365-65.1% | $91,994-75.9% | $72,975-69.7% |
| Participation rate | 21.2% | 72.5%-51.3pp | 78.6%-57.4pp | 69.5%-48.3pp |
| Annual return | 23.49% | 35.35%-11.9pp | 69.04%-45.5pp | 81.01%-57.5pp |
| Employer contribution / active EE | $0 | $2,116-100.0% | $3,453-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,676 | $4,883-65.7% | $5,924-71.7% | $3,608-53.5% |
| Admin fee / account holder | $42 | $4,670-99.1% | $7,744-99.5% | $5,124-99.2% |