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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 | $17,431 | $78,015-77.7% | $178,505-90.2% | $80,959-78.5% |
| Participation rate | 29.3% | 65.7%-36.4pp | 77.1%-47.8pp | 67.7%-38.4pp |
| Annual return | 14.15% | 18.10%-3.9pp | 27.16%-13.0pp | 35.67%-21.5pp |
| Employer contribution / active EE | $542 | $2,281-76.2% | $3,955-86.3% | $2,757-80.3% |
| Participant deferral / active EE | $1,026 | $4,406-76.7% | $6,280-83.7% | $4,300-76.1% |
| Admin fee / account holder | $154 | $7,160-97.8% | $10,428-98.5% | $6,925-97.8% |