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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 | $30,303 | $102,422-70.4% | $147,117-79.4% | $80,959-62.6% |
| Participation rate | 42.5% | 75.9%-33.4pp | 82.2%-39.7pp | 67.7%-25.2pp |
| Annual return | 16.07% | 135.16%-119.1pp | 420.54%-404.5pp | 35.67%-19.6pp |
| Employer contribution / active EE | $1,021 | $3,717-72.5% | $4,932-79.3% | $2,757-63.0% |
| Participant deferral / active EE | $2,277 | $6,652-65.8% | $8,065-71.8% | $4,300-47.1% |
| Admin fee / account holder | $119 | $7,953-98.5% | $12,993-99.1% | $6,925-98.3% |