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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 | $23,113 | $67,894-66.0% | $89,340-74.1% | $82,448-72.0% |
| Participation rate | 23.4% | 64.0%-40.6pp | 69.6%-46.2pp | 68.1%-44.7pp |
| Annual return | 16.72% | 19.21%-2.5pp | 20.57%-3.9pp | 41.64%-24.9pp |
| Employer contribution / active EE | $617 | $1,828-66.3% | $2,231-72.4% | $2,551-75.8% |
| Participant deferral / active EE | $884 | $3,072-71.2% | $3,823-76.9% | $4,139-78.6% |
| Admin fee / account holder | $299 | $5,723-94.8% | $6,704-95.5% | $7,234-95.9% |