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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 | $8,482 | $61,125-86.1% | $94,057-91.0% | $87,485-90.3% |
| Participation rate | 21.1% | 64.1%-43.0pp | 73.3%-52.3pp | 68.9%-47.9pp |
| Annual return | 24.12% | 35.20%-11.1pp | 480.62%-456.5pp | 26.06%-1.9pp |
| Employer contribution / active EE | $298 | $2,136-86.0% | $2,933-89.8% | $2,596-88.5% |
| Participant deferral / active EE | $590 | $3,260-81.9% | $4,709-87.5% | $4,274-86.2% |
| Admin fee / account holder | $30 | $5,629-99.5% | $7,244-99.6% | $7,775-99.6% |