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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 | $30,060 | $58,493-48.6% | $84,021-64.2% | $72,975-58.8% |
| Participation rate | 9.8% | 61.2%-51.4pp | 69.0%-59.2pp | 69.5%-59.7pp |
| Annual return | 25.58% | 28.93%-3.3pp | 71.32%-45.7pp | 81.01%-55.4pp |
| Employer contribution / active EE | $377 | $1,163-67.6% | $1,984-81.0% | $2,440-84.6% |
| Participant deferral / active EE | $734 | $2,394-69.4% | $3,239-77.4% | $3,608-79.7% |
| Admin fee / account holder | $292 | $4,569-93.6% | $6,102-95.2% | $5,124-94.3% |