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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 | $20,117 | $42,772-53.0% | $87,502-77.0% | $55,167-63.5% |
| Participation rate | 25.2% | 66.5%-41.2pp | 73.8%-48.6pp | 69.0%-43.7pp |
| Annual return | 6.72% | 21.20%-14.5pp | 12.21%-5.5pp | 169.23%-162.5pp |
| Employer contribution / active EE | $521 | $1,277-59.2% | $2,550-79.6% | $1,963-73.4% |
| Participant deferral / active EE | $892 | $2,342-61.9% | $3,149-71.7% | $3,054-70.8% |
| Admin fee / account holder | $136 | $461-70.5% | $4,221-96.8% | $504-73.0% |