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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 | $16,344 | $46,599-64.9% | $64,101-74.5% | $75,173-78.3% |
| Participation rate | 10.5% | 65.9%-55.4pp | 72.3%-61.8pp | 67.2%-56.7pp |
| Annual return | 12.16% | 26.06%-13.9pp | 33.72%-21.6pp | 160.72%-148.6pp |
| Employer contribution / active EE | $0 | $1,975-100.0% | $2,749-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $282 | $2,837-90.1% | $3,881-92.7% | $4,126-93.2% |
| Admin fee / account holder | $151 | $2,956-94.9% | $3,070-95.1% | $5,651-97.3% |