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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 | $63,704 | $71,353-10.7% | $92,805-31.4% | $86,983-26.8% |
| Participation rate | 51.6% | 80.9%-29.3pp | 83.5%-31.9pp | 69.5%-17.9pp |
| Annual return | 15.97% | 44.68%-28.7pp | 31.59%-15.6pp | 25.83%-9.9pp |
| Employer contribution / active EE | $0 | $2,468-100.0% | $3,424-100.0% | $2,584-100.0% |
| Participant deferral / active EE | $2,442 | $6,966-64.9% | $8,448-71.1% | $4,194-41.8% |
| Admin fee / account holder | $35 | $6,099-99.4% | $10,911-99.7% | $7,856-99.6% |