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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 | $32,711 | $56,894-42.5% | $84,753-61.4% | $62,881-48.0% |
| Participation rate | 48.5% | 68.5%-20.1pp | 76.6%-28.1pp | 69.3%-20.8pp |
| Annual return | 5.88% | 6.30%-0.4pp | 22.78%-16.9pp | 20.14%-14.3pp |
| Employer contribution / active EE | $0 | $2,400-100.0% | $3,574-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $512 | $2,709-81.1% | $3,712-86.2% | $3,203-84.0% |
| Admin fee / account holder | $211 | $3,581-94.1% | $5,333-96.0% | $4,296-95.1% |