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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 | $13,950 | $52,279-73.3% | $89,400-84.4% | $79,858-82.5% |
| Participation rate | 24.0% | 57.5%-33.5pp | 68.0%-44.0pp | 69.6%-45.6pp |
| Annual return | 21.66% | 22.16%-0.5pp | 245.64%-224.0pp | 31.72%-10.1pp |
| Employer contribution / active EE | $491 | $1,572-68.7% | $2,586-81.0% | $2,471-80.1% |
| Participant deferral / active EE | $753 | $2,740-72.5% | $3,890-80.6% | $3,740-79.9% |
| Admin fee / account holder | $10 | $3,356-99.7% | $4,882-99.8% | $5,306-99.8% |