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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 | $10,725 | $57,140-81.2% | $85,240-87.4% | $80,959-86.8% |
| Participation rate | 28.0% | 56.4%-28.4pp | 67.5%-39.5pp | 67.7%-39.7pp |
| Annual return | 13.21% | 21.71%-8.5pp | 66.75%-53.5pp | 35.67%-22.5pp |
| Employer contribution / active EE | $325 | $1,802-82.0% | $2,735-88.1% | $2,757-88.2% |
| Participant deferral / active EE | $450 | $3,115-85.5% | $4,527-90.1% | $4,300-89.5% |
| Admin fee / account holder | $0 | $4,992-100.0% | $6,165-100.0% | $6,925-100.0% |