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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 | $21,751 | $62,132-65.0% | $185,861-88.3% | $73,497-70.4% |
| Participation rate | 32.0% | 67.8%-35.8pp | 78.0%-46.0pp | 70.7%-38.7pp |
| Annual return | 24.71% | 20.44%+4.3pp | 35.96%-11.3pp | 28.51%-3.8pp |
| Employer contribution / active EE | $753 | $1,681-55.2% | $4,088-81.6% | $2,270-66.8% |
| Participant deferral / active EE | $1,383 | $3,711-62.7% | $5,634-75.5% | $3,740-63.0% |
| Admin fee / account holder | $268 | $419-36.1% | $9,503-97.2% | $513-47.9% |