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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 | $31,145 | $88,707-64.9% | $74,184-58.0% | $273,972-88.6% |
| Participation rate | 21.7% | 79.4%-57.7pp | 76.6%-54.9pp | 83.0%-61.3pp |
| Annual return | 7.58% | 11.94%-4.4pp | 17.74%-10.2pp | 41.46%-33.9pp |
| Employer contribution / active EE | $0 | $3,159-100.0% | $2,370-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $883 | $4,212-79.0% | $3,550-75.1% | $5,287-83.3% |
| Admin fee / account holder | $202 | $8,717-97.7% | $5,586-96.4% | $10,133-98.0% |