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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 | $27,862 | $92,219-69.8% | $76,768-63.7% | $135,379-79.4% |
| Participation rate | 62.5% | 79.8%-17.3pp | 77.0%-14.5pp | 82.6%-20.1pp |
| Annual return | 8.29% | 5.46%+2.8pp | 2.43%+5.9pp | 519.79%-511.5pp |
| Employer contribution / active EE | $0 | $3,216-100.0% | $2,485-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $1,300 | $4,508-71.2% | $3,852-66.3% | $5,609-76.8% |
| Admin fee / account holder | $10 | $10,749-99.9% | $6,675-99.9% | $10,828-99.9% |