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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 | $23,950 | $58,493-59.1% | $84,021-71.5% | $72,975-67.2% |
| Participation rate | 23.3% | 61.2%-38.0pp | 69.0%-45.8pp | 69.5%-46.2pp |
| Annual return | 18.78% | 28.93%-10.2pp | 71.32%-52.5pp | 81.01%-62.2pp |
| Employer contribution / active EE | $0 | $1,163-100.0% | $1,984-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $363 | $2,394-84.8% | $3,239-88.8% | $3,608-89.9% |
| Admin fee / account holder | $76 | $4,569-98.3% | $6,102-98.8% | $5,124-98.5% |