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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 | $13,317 | $54,757-75.7% | $90,304-85.3% | $72,975-81.8% |
| Participation rate | 22.6% | 65.2%-42.6pp | 73.3%-50.7pp | 69.5%-46.9pp |
| Annual return | 26.41% | 30.63%-4.2pp | 78.13%-51.7pp | 81.01%-54.6pp |
| Employer contribution / active EE | $599 | $2,093-71.4% | $2,855-79.0% | $2,440-75.5% |
| Participant deferral / active EE | $679 | $2,887-76.5% | $3,885-82.5% | $3,608-81.2% |
| Admin fee / account holder | $77 | $3,973-98.1% | $5,354-98.6% | $5,124-98.5% |