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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 | $58,848-62.3% | $88,179-74.8% | $82,637-73.1% |
| Participation rate | 10.3% | 57.9%-47.6pp | 69.1%-58.9pp | 68.1%-57.8pp |
| Annual return | 17.91% | 22.76%-4.8pp | 64.97%-47.1pp | 53.51%-35.6pp |
| Employer contribution / active EE | $280 | $1,678-83.3% | $2,549-89.0% | $2,552-89.0% |
| Participant deferral / active EE | $314 | $3,124-89.9% | $4,614-93.2% | $4,126-92.4% |
| Admin fee / account holder | $226 | $4,795-95.3% | $7,673-97.1% | $7,339-96.9% |