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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 | $80,759 | $152,619-47.1% | $125,195-35.5% | $152,909-47.2% |
| Participation rate | 57.1% | 83.3%-26.2pp | 79.8%-22.6pp | 82.5%-25.3pp |
| Annual return | 24.50% | 54.85%-30.3pp | 43.79%-19.3pp | 345.46%-321.0pp |
| Employer contribution / active EE | $0 | $4,947-100.0% | $3,866-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $231 | $5,869-96.1% | $4,937-95.3% | $5,851-96.1% |
| Admin fee / account holder | $257 | $13,437-98.1% | $9,704-97.4% | $11,601-97.8% |