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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 | $20,435 | $48,078-57.5% | $78,676-74.0% | $62,881-67.5% |
| Participation rate | 46.0% | 65.2%-19.2pp | 73.6%-27.5pp | 69.3%-23.3pp |
| Annual return | 7.64% | 31.36%-23.7pp | 62.19%-54.5pp | 20.14%-12.5pp |
| Employer contribution / active EE | $328 | $2,015-83.7% | $2,850-88.5% | $2,281-85.6% |
| Participant deferral / active EE | $695 | $2,587-73.1% | $3,517-80.2% | $3,203-78.3% |
| Admin fee / account holder | $183 | $3,206-94.3% | $4,510-95.9% | $4,296-95.7% |