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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 | $57,061-81.2% | $85,063-87.4% | $80,911-86.7% |
| Participation rate | 28.0% | 56.3%-28.3pp | 67.5%-39.5pp | 67.6%-39.6pp |
| Annual return | 13.21% | 21.66%-8.5pp | 66.54%-53.3pp | 35.63%-22.4pp |
| Employer contribution / active EE | $325 | $1,799-81.9% | $2,727-88.1% | $2,756-88.2% |
| Participant deferral / active EE | $450 | $3,110-85.5% | $4,523-90.0% | $4,297-89.5% |
| Admin fee / account holder | $0 | $4,986-100.0% | $6,155-100.0% | $6,935-100.0% |