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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 | $64,462-64.9% | $81,482-72.3% | $80,911-72.1% |
| Participation rate | 9.6% | 63.9%-54.3pp | 69.5%-59.9pp | 67.6%-58.0pp |
| Annual return | 16.70% | 16.35%+0.3pp | 24.79%-8.1pp | 35.63%-18.9pp |
| Employer contribution / active EE | $0 | $1,979-100.0% | $2,463-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $395 | $3,094-87.2% | $3,885-89.8% | $4,297-90.8% |
| Admin fee / account holder | $0 | $5,678-100.0% | $5,761-100.0% | $6,935-100.0% |