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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 | $47,980 | $58,828-18.4% | $78,002-38.5% | $62,881-23.7% |
| Participation rate | 31.3% | 71.1%-39.8pp | 75.5%-44.3pp | 69.3%-38.1pp |
| Annual return | 6.70% | 17.16%-10.5pp | 425.99%-419.3pp | 20.14%-13.4pp |
| Employer contribution / active EE | $405 | $1,672-75.8% | $2,470-83.6% | $2,281-82.3% |
| Participant deferral / active EE | $830 | $2,686-69.1% | $3,497-76.3% | $3,203-74.1% |
| Admin fee / account holder | $55 | $4,393-98.7% | $5,481-99.0% | $4,296-98.7% |