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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 | $14,095 | $93,064-84.9% | $74,577-81.1% | $273,972-94.9% |
| Participation rate | 15.0% | 74.9%-59.9pp | 68.1%-53.1pp | 83.0%-68.0pp |
| Annual return | 7.55% | 26.18%-18.6pp | 20.47%-12.9pp | 41.46%-33.9pp |
| Employer contribution / active EE | $209 | $3,160-93.4% | $2,525-91.7% | $4,869-95.7% |
| Participant deferral / active EE | $348 | $4,160-91.6% | $3,458-89.9% | $5,287-93.4% |
| Admin fee / account holder | $17 | $5,273-99.7% | $4,138-99.6% | $10,133-99.8% |