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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 | $45,841 | $63,355-27.6% | $91,994-50.2% | $72,983-37.2% |
| Participation rate | 31.1% | 72.5%-41.4pp | 78.6%-47.5pp | 69.5%-38.4pp |
| Annual return | 41.10% | 35.35%+5.8pp | 69.03%-27.9pp | 81.01%-39.9pp |
| Employer contribution / active EE | $508 | $2,116-76.0% | $3,452-85.3% | $2,440-79.2% |
| Participant deferral / active EE | $750 | $4,883-84.6% | $5,923-87.3% | $3,608-79.2% |
| Admin fee / account holder | $169 | $4,668-96.4% | $7,743-97.8% | $5,124-96.7% |