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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 | $19,638 | $52,580-62.7% | $71,671-72.6% | $70,126-72.0% |
| Participation rate | 44.4% | 60.9%-16.4pp | 68.7%-24.3pp | 69.5%-25.1pp |
| Annual return | 17.03% | 20.25%-3.2pp | 20.65%-3.6pp | 73.15%-56.1pp |
| Employer contribution / active EE | $0 | $1,616-100.0% | $2,460-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $508 | $2,386-78.7% | $3,438-85.2% | $3,332-84.8% |
| Admin fee / account holder | $9 | $3,653-99.8% | $5,558-99.8% | $4,645-99.8% |