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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 | $20,849 | $52,580-60.3% | $71,671-70.9% | $70,126-70.3% |
| Participation rate | 57.1% | 60.9%-3.7pp | 68.7%-11.6pp | 69.5%-12.4pp |
| Annual return | 14.10% | 20.25%-6.2pp | 20.65%-6.5pp | 73.15%-59.0pp |
| Employer contribution / active EE | $291 | $1,616-82.0% | $2,460-88.2% | $2,343-87.6% |
| Participant deferral / active EE | $683 | $2,386-71.4% | $3,438-80.1% | $3,332-79.5% |
| Admin fee / account holder | $72 | $3,653-98.0% | $5,558-98.7% | $4,645-98.4% |