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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 | $22,836 | $71,057-67.9% | $93,654-75.6% | $80,874-71.8% |
| Participation rate | 11.1% | 60.4%-49.3pp | 68.7%-57.6pp | 67.6%-56.5pp |
| Annual return | 31.07% | 11.26%+19.8pp | 133.34%-102.3pp | 35.62%-4.6pp |
| Employer contribution / active EE | $531 | $1,564-66.0% | $2,421-78.1% | $2,756-80.7% |
| Participant deferral / active EE | $847 | $4,034-79.0% | $4,413-80.8% | $4,297-80.3% |
| Admin fee / account holder | $16 | $6,944-99.8% | $8,282-99.8% | $6,935-99.8% |