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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 | $20,727 | $57,140-63.7% | $85,240-75.7% | $80,959-74.4% |
| Participation rate | 10.6% | 56.4%-45.8pp | 67.5%-56.9pp | 67.7%-57.1pp |
| Annual return | 21.77% | 21.71%+0.1pp | 66.75%-45.0pp | 35.67%-13.9pp |
| Employer contribution / active EE | $282 | $1,802-84.4% | $2,735-89.7% | $2,757-89.8% |
| Participant deferral / active EE | $677 | $3,115-78.3% | $4,527-85.0% | $4,300-84.2% |
| Admin fee / account holder | $247 | $4,992-95.1% | $6,165-96.0% | $6,925-96.4% |