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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 | $18,528 | $37,446-50.5% | $77,552-76.1% | $79,856-76.8% |
| Participation rate | 8.3% | 41.5%-33.2pp | 54.2%-45.9pp | 69.6%-61.3pp |
| Annual return | 13.85% | 39.76%-25.9pp | 54.82%-41.0pp | 31.71%-17.9pp |
| Employer contribution / active EE | $139 | $637-78.2% | $987-85.9% | $2,471-94.4% |
| Participant deferral / active EE | $231 | $1,261-81.7% | $1,861-87.6% | $3,741-93.8% |
| Admin fee / account holder | $212 | $2,506-91.5% | $2,859-92.6% | $5,306-96.0% |