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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 | $72,607-68.2% | $90,259-74.4% | $87,485-73.6% |
| Participation rate | 23.4% | 64.8%-41.4pp | 70.7%-47.3pp | 68.9%-45.5pp |
| Annual return | 16.72% | 18.59%-1.9pp | 18.88%-2.2pp | 26.06%-9.3pp |
| Employer contribution / active EE | $617 | $1,919-67.9% | $2,291-73.1% | $2,596-76.3% |
| Participant deferral / active EE | $884 | $3,055-71.0% | $3,827-76.9% | $4,274-79.3% |
| Admin fee / account holder | $299 | $5,947-95.0% | $7,267-95.9% | $7,775-96.1% |