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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 | $22,604 | $63,773-64.6% | $81,286-72.2% | $80,925-72.1% |
| Participation rate | 9.6% | 63.9%-54.3pp | 69.5%-59.9pp | 67.7%-58.0pp |
| Annual return | 16.70% | 16.37%+0.3pp | 24.80%-8.1pp | 35.65%-18.9pp |
| Employer contribution / active EE | $0 | $1,979-100.0% | $2,463-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $395 | $3,093-87.2% | $3,883-89.8% | $4,299-90.8% |
| Admin fee / account holder | $0 | $5,682-100.0% | $5,764-100.0% | $6,940-100.0% |