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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 | $5,669 | $51,222-88.9% | $70,544-92.0% | $75,173-92.5% |
| Participation rate | 16.2% | 61.0%-44.8pp | 68.4%-52.1pp | 67.2%-51.0pp |
| Annual return | 22.01% | 30.06%-8.1pp | 32.79%-10.8pp | 160.72%-138.7pp |
| Employer contribution / active EE | $0 | $1,827-100.0% | $2,976-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $573 | $2,850-79.9% | $4,568-87.5% | $4,126-86.1% |
| Admin fee / account holder | $34 | $4,096-99.2% | $6,427-99.5% | $5,651-99.4% |