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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 | $47,093 | $83,898-43.9% | $133,346-64.7% | $94,015-49.9% |
| Participation rate | 40.6% | 63.4%-22.7pp | 72.8%-32.2pp | 70.8%-30.2pp |
| Annual return | 14.87% | 16.00%-1.1pp | 36.85%-22.0pp | 17.84%-3.0pp |
| Employer contribution / active EE | $331 | $1,821-81.8% | $2,853-88.4% | $2,790-88.1% |
| Participant deferral / active EE | $371 | $3,245-88.6% | $4,332-91.4% | $4,249-91.3% |
| Admin fee / account holder | $254 | $7,809-96.7% | $14,264-98.2% | $8,951-97.2% |