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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 | $21,042 | $96,558-78.2% | $80,977-74.0% | $273,972-92.3% |
| Participation rate | 29.2% | 79.1%-49.9pp | 75.8%-46.6pp | 83.0%-53.8pp |
| Annual return | 12.10% | 15.14%-3.0pp | 17.11%-5.0pp | 41.46%-29.4pp |
| Employer contribution / active EE | $657 | $4,869-86.5% | $3,715-82.3% | $4,869-86.5% |
| Participant deferral / active EE | $945 | $6,598-85.7% | $5,696-83.4% | $5,287-82.1% |
| Admin fee / account holder | $127 | $7,493-98.3% | $5,517-97.7% | $10,133-98.7% |