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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 | $13,926 | $57,140-75.6% | $85,240-83.7% | $80,959-82.8% |
| Participation rate | 11.4% | 56.4%-45.0pp | 67.5%-56.1pp | 67.7%-56.2pp |
| Annual return | 11.61% | 21.71%-10.1pp | 66.75%-55.1pp | 35.67%-24.1pp |
| Employer contribution / active EE | $306 | $1,802-83.0% | $2,735-88.8% | $2,757-88.9% |
| Participant deferral / active EE | $347 | $3,115-88.9% | $4,527-92.3% | $4,300-91.9% |
| Admin fee / account holder | $204 | $4,992-95.9% | $6,165-96.7% | $6,925-97.1% |