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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 | $57,061-75.6% | $85,063-83.6% | $80,911-82.8% |
| Participation rate | 11.4% | 56.3%-44.9pp | 67.5%-56.1pp | 67.6%-56.2pp |
| Annual return | 11.61% | 21.66%-10.1pp | 66.54%-54.9pp | 35.63%-24.0pp |
| Employer contribution / active EE | $306 | $1,799-83.0% | $2,727-88.8% | $2,756-88.9% |
| Participant deferral / active EE | $347 | $3,110-88.8% | $4,523-92.3% | $4,297-91.9% |
| Admin fee / account holder | $204 | $4,986-95.9% | $6,155-96.7% | $6,935-97.1% |