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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 | $39,361 | $81,233-51.5% | $155,567-74.7% | $80,874-51.3% |
| Participation rate | 42.9% | 66.2%-23.4pp | 78.2%-35.3pp | 67.6%-24.8pp |
| Annual return | 12.27% | 33.33%-21.1pp | 64.74%-52.5pp | 35.62%-23.4pp |
| Employer contribution / active EE | $527 | $3,101-83.0% | $4,674-88.7% | $2,756-80.9% |
| Participant deferral / active EE | $665 | $3,452-80.7% | $5,628-88.2% | $4,297-84.5% |
| Admin fee / account holder | $155 | $7,998-98.1% | $15,916-99.0% | $6,935-97.8% |