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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 | $19,827 | $54,757-63.8% | $90,304-78.0% | $72,975-72.8% |
| Participation rate | 42.9% | 65.2%-22.3pp | 73.3%-30.4pp | 69.5%-26.6pp |
| Annual return | 20.11% | 30.63%-10.5pp | 78.13%-58.0pp | 81.01%-60.9pp |
| Employer contribution / active EE | $335 | $2,093-84.0% | $2,855-88.3% | $2,440-86.3% |
| Participant deferral / active EE | $699 | $2,887-75.8% | $3,885-82.0% | $3,608-80.6% |
| Admin fee / account holder | $108 | $3,973-97.3% | $5,354-98.0% | $5,124-97.9% |