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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 | $10,286 | $36,140-71.5% | $73,658-86.0% | $64,340-84.0% |
| Participation rate | 6.5% | 31.0%-24.5pp | 57.0%-50.5pp | 55.2%-48.7pp |
| Annual return | 18.75% | 21.48%-2.7pp | 29.72%-11.0pp | 24.14%-5.4pp |
| Employer contribution / active EE | $89 | $443-79.9% | $1,032-91.4% | $1,862-95.2% |
| Participant deferral / active EE | $116 | $1,023-88.7% | $2,062-94.4% | $2,980-96.1% |
| Admin fee / account holder | $41 | $2,513-98.4% | $3,357-98.8% | $3,703-98.9% |