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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 | $43,493 | $55,713-21.9% | $75,894-42.7% | $72,983-40.4% |
| Participation rate | 25.8% | 61.1%-35.3pp | 69.3%-43.5pp | 69.5%-43.7pp |
| Annual return | 26.92% | 27.60%-0.7pp | 30.76%-3.8pp | 81.01%-54.1pp |
| Employer contribution / active EE | $513 | $1,687-69.6% | $2,501-79.5% | $2,440-79.0% |
| Participant deferral / active EE | $549 | $2,634-79.1% | $3,603-84.8% | $3,608-84.8% |
| Admin fee / account holder | $0 | $3,980-100.0% | $5,420-100.0% | $5,124-100.0% |