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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 | $26,493 | $49,025-46.0% | $87,502-69.7% | $62,881-57.9% |
| Participation rate | 29.9% | 64.9%-35.0pp | 73.8%-44.0pp | 69.3%-39.5pp |
| Annual return | 5.87% | 10.02%-4.1pp | 12.21%-6.3pp | 20.14%-14.3pp |
| Employer contribution / active EE | $0 | $1,372-100.0% | $2,550-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $775 | $2,289-66.2% | $3,149-75.4% | $3,203-75.8% |
| Admin fee / account holder | $91 | $4,065-97.8% | $4,221-97.8% | $4,296-97.9% |