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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 | $78,197-18.5% | $98,090-35.1% | $82,637-22.9% |
| Participation rate | 51.6% | 77.5%-25.9pp | 81.5%-29.9pp | 68.1%-16.4pp |
| Annual return | 15.97% | 40.25%-24.3pp | 37.05%-21.1pp | 53.51%-37.5pp |
| Employer contribution / active EE | $0 | $2,605-100.0% | $3,606-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $2,442 | $6,636-63.2% | $7,845-68.9% | $4,126-40.8% |
| Admin fee / account holder | $35 | $14,832-99.8% | $11,815-99.7% | $7,339-99.5% |