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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 | $29,832 | $52,279-42.9% | $89,414-66.6% | $79,852-62.6% |
| Participation rate | 16.3% | 57.5%-41.3pp | 68.0%-51.7pp | 69.6%-53.4pp |
| Annual return | 13.84% | 22.16%-8.3pp | 245.50%-231.7pp | 31.72%-17.9pp |
| Employer contribution / active EE | $345 | $1,572-78.1% | $2,586-86.7% | $2,471-86.1% |
| Participant deferral / active EE | $720 | $2,740-73.7% | $3,890-81.5% | $3,740-80.8% |
| Admin fee / account holder | $298 | $3,356-91.1% | $4,883-93.9% | $5,306-94.4% |