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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 | $37,666 | $80,983-53.5% | $96,544-61.0% | $75,177-49.9% |
| Participation rate | 27.1% | 71.8%-44.7pp | 76.0%-48.9pp | 67.2%-40.1pp |
| Annual return | 14.73% | 27.05%-12.3pp | 25.88%-11.2pp | 160.75%-146.0pp |
| Employer contribution / active EE | $0 | $2,282-100.0% | $2,966-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $712 | $3,929-81.9% | $4,851-85.3% | $4,126-82.8% |
| Admin fee / account holder | $98 | $6,717-98.5% | $8,254-98.8% | $5,651-98.3% |