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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 | $57,995 | $57,140+1.5% | $85,240-32.0% | $80,959-28.4% |
| Participation rate | 15.4% | 56.4%-41.0pp | 67.5%-52.1pp | 67.7%-52.3pp |
| Annual return | 12.74% | 21.71%-9.0pp | 66.75%-54.0pp | 35.67%-22.9pp |
| Employer contribution / active EE | $426 | $1,802-76.4% | $2,735-84.4% | $2,757-84.6% |
| Participant deferral / active EE | $718 | $3,115-76.9% | $4,527-84.1% | $4,300-83.3% |
| Admin fee / account holder | $5 | $4,992-99.9% | $6,165-99.9% | $6,925-99.9% |