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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 | $14,792 | $37,446-60.5% | $77,513-80.9% | $79,852-81.5% |
| Participation rate | 16.7% | 41.5%-24.9pp | 54.2%-37.5pp | 69.6%-53.0pp |
| Annual return | 18.01% | 39.76%-21.7pp | 54.81%-36.8pp | 31.72%-13.7pp |
| Employer contribution / active EE | $245 | $637-61.5% | $987-75.1% | $2,471-90.1% |
| Participant deferral / active EE | $267 | $1,261-78.8% | $1,861-85.6% | $3,740-92.9% |
| Admin fee / account holder | $180 | $2,506-92.8% | $2,859-93.7% | $5,306-96.6% |