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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 | $76,834-38.7% | $108,359-56.5% | $87,485-46.2% |
| Participation rate | 40.6% | 61.7%-21.1pp | 70.1%-29.5pp | 68.9%-28.3pp |
| Annual return | 14.87% | 19.09%-4.2pp | 36.89%-22.0pp | 26.06%-11.2pp |
| Employer contribution / active EE | $331 | $1,556-78.7% | $2,399-86.2% | $2,596-87.2% |
| Participant deferral / active EE | $371 | $3,100-88.0% | $4,137-91.0% | $4,274-91.3% |
| Admin fee / account holder | $254 | $6,537-96.1% | $9,741-97.4% | $7,775-96.7% |