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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 | $49,049 | $67,602-27.4% | $82,312-40.4% | $70,126-30.1% |
| Participation rate | 30.2% | 72.8%-42.6pp | 76.9%-46.7pp | 69.5%-39.4pp |
| Annual return | 15.08% | 21.57%-6.5pp | 25.88%-10.8pp | 73.15%-58.1pp |
| Employer contribution / active EE | $0 | $1,755-100.0% | $2,428-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $619 | $2,987-79.3% | $3,706-83.3% | $3,332-81.4% |
| Admin fee / account holder | $268 | $4,512-94.1% | $5,608-95.2% | $4,645-94.2% |