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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 | $10,391 | $63,703-83.7% | $93,063-88.8% | $82,448-87.4% |
| Participation rate | 28.6% | 63.8%-35.3pp | 72.1%-43.5pp | 68.1%-39.5pp |
| Annual return | 15.23% | -775.43%+790.7pp | 34.15%-18.9pp | 41.64%-26.4pp |
| Employer contribution / active EE | $482 | $1,729-72.1% | $2,476-80.5% | $2,551-81.1% |
| Participant deferral / active EE | $538 | $2,919-81.6% | $3,958-86.4% | $4,139-87.0% |
| Admin fee / account holder | $168 | $5,982-97.2% | $6,033-97.2% | $7,234-97.7% |