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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 | $40,108 | $64,359-37.7% | $90,161-55.5% | $70,126-42.8% |
| Participation rate | 56.7% | 70.4%-13.8pp | 76.9%-20.2pp | 69.5%-12.9pp |
| Annual return | 14.75% | 28.13%-13.4pp | 34.89%-20.1pp | 73.15%-58.4pp |
| Employer contribution / active EE | $0 | $2,046-100.0% | $3,318-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $1,304 | $4,389-70.3% | $5,287-75.3% | $3,332-60.9% |
| Admin fee / account holder | $166 | $3,945-95.8% | $5,943-97.2% | $4,645-96.4% |