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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 | $36,288 | $58,828-38.3% | $78,002-53.5% | $62,881-42.3% |
| Participation rate | 25.6% | 71.1%-45.5pp | 75.5%-49.9pp | 69.3%-43.7pp |
| Annual return | 4.97% | 17.16%-12.2pp | 425.99%-421.0pp | 20.14%-15.2pp |
| Employer contribution / active EE | $0 | $1,672-100.0% | $2,470-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,128 | $2,686-58.0% | $3,497-67.7% | $3,203-64.8% |
| Admin fee / account holder | $216 | $4,393-95.1% | $5,481-96.1% | $4,296-95.0% |