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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 | $68,334 | $47,944+42.5% | $67,834+0.7% | $62,881+8.7% |
| Participation rate | 26.5% | 61.1%-34.6pp | 68.8%-42.3pp | 69.3%-42.8pp |
| Annual return | 9.61% | 11.77%-2.2pp | 138.47%-128.9pp | 20.14%-10.5pp |
| Employer contribution / active EE | $254 | $1,562-83.7% | $2,403-89.4% | $2,281-88.9% |
| Participant deferral / active EE | $582 | $2,247-74.1% | $3,160-81.6% | $3,203-81.8% |
| Admin fee / account holder | $75 | $3,712-98.0% | $4,622-98.4% | $4,296-98.3% |