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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 | $44,179 | $81,331-45.7% | $155,534-71.6% | $80,935-45.4% |
| Participation rate | 25.0% | 66.3%-41.3pp | 78.2%-53.2pp | 67.7%-42.7pp |
| Annual return | 16.92% | 33.37%-16.5pp | 64.92%-48.0pp | 35.66%-18.7pp |
| Employer contribution / active EE | $388 | $3,105-87.5% | $4,675-91.7% | $2,757-85.9% |
| Participant deferral / active EE | $657 | $3,454-81.0% | $5,630-88.3% | $4,299-84.7% |
| Admin fee / account holder | $200 | $7,999-97.5% | $15,900-98.7% | $6,924-97.1% |