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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 | $31,520 | $49,177-35.9% | $79,467-60.3% | $64,173-50.9% |
| Participation rate | 27.5% | 65.0%-37.5pp | 73.3%-45.8pp | 69.6%-42.1pp |
| Annual return | 5.57% | -1.16%+6.7pp | 718.30%-712.7pp | 7.63%-2.1pp |
| Employer contribution / active EE | $376 | $2,076-81.9% | $2,800-86.6% | $2,381-84.2% |
| Participant deferral / active EE | $550 | $2,821-80.5% | $3,704-85.1% | $3,470-84.1% |
| Admin fee / account holder | $161 | $3,839-95.8% | $5,104-96.9% | $4,887-96.7% |