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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 | $31,723 | $81,276-61.0% | $155,574-79.6% | $80,925-60.8% |
| Participation rate | 23.2% | 66.2%-43.0pp | 78.2%-55.0pp | 67.7%-44.4pp |
| Annual return | 14.06% | 33.36%-19.3pp | 64.87%-50.8pp | 35.65%-21.6pp |
| Employer contribution / active EE | $0 | $3,103-100.0% | $4,676-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $881 | $3,453-74.5% | $5,629-84.4% | $4,299-79.5% |
| Admin fee / account holder | $0 | $7,993-100.0% | $15,914-100.0% | $6,940-100.0% |