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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 | $24,538 | $39,798-38.3% | $67,704-63.8% | $59,633-58.9% |
| Participation rate | 28.0% | 57.4%-29.4pp | 67.5%-39.5pp | 68.7%-40.7pp |
| Annual return | 0.15% | 89.94%-89.8pp | 25.41%-25.3pp | 2041.40%-2041.3pp |
| Employer contribution / active EE | $233 | $1,393-83.2% | $2,559-90.9% | $2,203-89.4% |
| Participant deferral / active EE | $522 | $2,335-77.7% | $3,585-85.5% | $3,192-83.7% |
| Admin fee / account holder | $178 | $3,212-94.5% | $4,255-95.8% | $4,297-95.9% |