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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 | $74,017 | $58,057+27.5% | $97,032-23.7% | $86,983-14.9% |
| Participation rate | 3.9% | 60.4%-56.4pp | 71.6%-67.6pp | 69.5%-65.6pp |
| Annual return | 20.87% | 22.26%-1.4pp | 35.38%-14.5pp | 25.83%-5.0pp |
| Employer contribution / active EE | $186 | $1,663-88.8% | $2,629-92.9% | $2,584-92.8% |
| Participant deferral / active EE | $625 | $3,244-80.7% | $4,672-86.6% | $4,194-85.1% |
| Admin fee / account holder | $75 | $4,839-98.5% | $9,418-99.2% | $7,856-99.1% |