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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 | $77,574-39.3% | $108,753-56.7% | $86,983-45.9% |
| Participation rate | 40.6% | 62.3%-21.7pp | 71.1%-30.5pp | 69.5%-28.9pp |
| Annual return | 14.87% | 18.42%-3.5pp | 37.47%-22.6pp | 25.83%-11.0pp |
| Employer contribution / active EE | $331 | $1,611-79.4% | $2,427-86.3% | $2,584-87.2% |
| Participant deferral / active EE | $371 | $3,128-88.1% | $4,115-91.0% | $4,194-91.1% |
| Admin fee / account holder | $254 | $6,529-96.1% | $10,320-97.5% | $7,856-96.8% |