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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 | $15,264 | $36,948-58.7% | $73,658-79.3% | $87,485-82.6% |
| Participation rate | 5.2% | 46.8%-41.6pp | 57.0%-51.9pp | 68.9%-63.8pp |
| Annual return | 15.34% | 28.64%-13.3pp | 29.72%-14.4pp | 26.06%-10.7pp |
| Employer contribution / active EE | $65 | $670-90.2% | $1,032-93.7% | $2,596-97.5% |
| Participant deferral / active EE | $117 | $1,379-91.5% | $2,062-94.3% | $4,274-97.3% |
| Admin fee / account holder | $22 | $2,531-99.1% | $3,357-99.4% | $7,775-99.7% |