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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 | $11,109 | $57,057-80.5% | $85,009-86.9% | $80,874-86.3% |
| Participation rate | 23.7% | 56.4%-32.7pp | 67.5%-43.8pp | 67.6%-44.0pp |
| Annual return | 28.49% | 21.66%+6.8pp | 66.47%-38.0pp | 35.62%-7.1pp |
| Employer contribution / active EE | $376 | $1,799-79.1% | $2,728-86.2% | $2,756-86.3% |
| Participant deferral / active EE | $586 | $3,112-81.2% | $4,522-87.0% | $4,297-86.4% |
| Admin fee / account holder | $0 | $4,986-100.0% | $6,153-100.0% | $6,935-100.0% |