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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 | $20,517 | $78,690-73.9% | $161,489-87.3% | $87,485-76.5% |
| Participation rate | 20.0% | 67.5%-47.5pp | 78.7%-58.7pp | 68.9%-48.9pp |
| Annual return | 16.23% | 32.74%-16.5pp | 89.72%-73.5pp | 26.06%-9.8pp |
| Employer contribution / active EE | $416 | $2,588-83.9% | $4,268-90.3% | $2,596-84.0% |
| Participant deferral / active EE | $945 | $3,311-71.5% | $5,630-83.2% | $4,274-77.9% |
| Admin fee / account holder | $127 | $6,724-98.1% | $16,006-99.2% | $7,775-98.4% |