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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 | $29,388 | $76,401-61.5% | $106,387-72.4% | $64,173-54.2% |
| Participation rate | 10.8% | 73.5%-62.7pp | 77.5%-66.6pp | 69.6%-58.7pp |
| Annual return | 80.36% | -2.19%+82.6pp | 0.25%+80.1pp | 7.63%+72.7pp |
| Employer contribution / active EE | $0 | $2,680-100.0% | $3,520-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $1,275 | $4,274-70.2% | $5,421-76.5% | $3,470-63.3% |
| Admin fee / account holder | $158 | $4,610-96.6% | $7,510-97.9% | $4,887-96.8% |