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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 | $23,628 | $81,331-70.9% | $155,534-84.8% | $80,935-70.8% |
| Participation rate | 31.3% | 66.3%-35.0pp | 78.2%-47.0pp | 67.7%-36.4pp |
| Annual return | 15.36% | 33.37%-18.0pp | 64.92%-49.6pp | 35.66%-20.3pp |
| Employer contribution / active EE | $687 | $3,105-77.9% | $4,675-85.3% | $2,757-75.1% |
| Participant deferral / active EE | $829 | $3,454-76.0% | $5,630-85.3% | $4,299-80.7% |
| Admin fee / account holder | $27 | $7,999-99.7% | $15,900-99.8% | $6,924-99.6% |