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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 | $22,213 | $57,590-61.4% | $86,233-74.2% | $82,448-73.1% |
| Participation rate | 10.3% | 57.9%-47.6pp | 69.0%-58.8pp | 68.1%-57.8pp |
| Annual return | 17.91% | 22.41%-4.5pp | 61.39%-43.5pp | 41.64%-23.7pp |
| Employer contribution / active EE | $280 | $1,655-83.1% | $2,504-88.8% | $2,551-89.0% |
| Participant deferral / active EE | $314 | $3,080-89.8% | $4,559-93.1% | $4,139-92.4% |
| Admin fee / account holder | $226 | $4,730-95.2% | $8,342-97.3% | $7,234-96.9% |