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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 | $34,905 | $86,938-59.9% | $102,423-65.9% | $80,925-56.9% |
| Participation rate | 12.8% | 72.4%-59.6pp | 76.5%-63.7pp | 67.7%-54.8pp |
| Annual return | 15.03% | 18.89%-3.9pp | 29.42%-14.4pp | 35.65%-20.6pp |
| Employer contribution / active EE | $0 | $2,369-100.0% | $3,023-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $914 | $4,120-77.8% | $5,054-81.9% | $4,299-78.7% |
| Admin fee / account holder | $171 | $8,053-97.9% | $9,455-98.2% | $6,940-97.5% |