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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 | $12,698 | $25,014-49.2% | $69,632-81.8% | $80,959-84.3% |
| Participation rate | 10.5% | 64.2%-53.7pp | 66.4%-55.9pp | 67.7%-57.1pp |
| Annual return | 13.21% | 19.08%-5.9pp | 101.32%-88.1pp | 35.67%-22.5pp |
| Employer contribution / active EE | $0 | $991-100.0% | $1,708-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $498 | $1,840-72.9% | $2,889-82.7% | $4,300-88.4% |
| Admin fee / account holder | $188 | $2,491-92.5% | $4,695-96.0% | $6,925-97.3% |