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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 | $63,768 | $114,712-44.4% | $173,730-63.3% | $87,485-27.1% |
| Participation rate | 12.0% | 73.0%-61.0pp | 79.6%-67.6pp | 68.9%-56.9pp |
| Annual return | 20.34% | 20.18%+0.2pp | 19.96%+0.4pp | 26.06%-5.7pp |
| Employer contribution / active EE | $0 | $2,904-100.0% | $4,577-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $130 | $4,642-97.2% | $6,326-97.9% | $4,274-97.0% |
| Admin fee / account holder | $20 | $10,210-99.8% | $17,523-99.9% | $7,775-99.7% |