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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 | $31,571 | $45,087-30.0% | $69,483-54.6% | $72,976-56.7% |
| Participation rate | 8.9% | 68.5%-59.5pp | 74.6%-65.7pp | 69.5%-60.6pp |
| Annual return | 0.00% | 22.67%-22.7pp | 28.99%-29.0pp | 81.02%-81.0pp |
| Employer contribution / active EE | $2,455 | $2,055+19.5% | $2,780-11.7% | $2,440+0.6% |
| Participant deferral / active EE | $235 | $2,603-91.0% | $3,537-93.3% | $3,608-93.5% |
| Admin fee / account holder | $280 | $3,057-90.8% | $3,841-92.7% | $5,124-94.5% |