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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 | $23,411 | $48,364-51.6% | $71,796-67.4% | $62,881-62.8% |
| Participation rate | 20.7% | 60.6%-39.9pp | 69.1%-48.4pp | 69.3%-48.6pp |
| Annual return | 10.46% | 13.16%-2.7pp | 78.04%-67.6pp | 20.14%-9.7pp |
| Employer contribution / active EE | $206 | $1,042-80.2% | $1,924-89.3% | $2,281-91.0% |
| Participant deferral / active EE | $567 | $2,091-72.9% | $2,794-79.7% | $3,203-82.3% |
| Admin fee / account holder | $13 | $3,771-99.7% | $4,815-99.7% | $4,296-99.7% |