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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 | $24,273 | $54,541-55.5% | $78,778-69.2% | $70,124-65.4% |
| Participation rate | 47.1% | 60.8%-13.7pp | 69.2%-22.1pp | 69.5%-22.5pp |
| Annual return | 23.91% | 21.07%+2.8pp | 35.62%-11.7pp | 73.14%-49.2pp |
| Employer contribution / active EE | $0 | $1,089-100.0% | $1,986-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $872 | $2,210-60.5% | $2,958-70.5% | $3,332-73.8% |
| Admin fee / account holder | $8 | $3,709-99.8% | $5,134-99.9% | $4,645-99.8% |