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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 | $90,217 | $147,556-38.9% | $129,031-30.1% | $198,609-54.6% |
| Participation rate | 60.0% | 77.2%-17.2pp | 73.4%-13.4pp | 82.4%-22.4pp |
| Annual return | 12.20% | 37.41%-25.2pp | 34.67%-22.5pp | 202.70%-190.5pp |
| Employer contribution / active EE | $0 | $3,645-100.0% | $3,226-100.0% | $5,055-100.0% |
| Participant deferral / active EE | $1,117 | $5,760-80.6% | $5,217-78.6% | $6,977-84.0% |
| Admin fee / account holder | $134 | $15,467-99.1% | $13,208-99.0% | $19,030-99.3% |