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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 | $23,222 | $47,848-51.5% | $81,473-71.5% | $70,126-66.9% |
| Participation rate | 64.5% | 58.3%+6.2pp | 68.0%-3.5pp | 69.5%-5.1pp |
| Annual return | 0.00% | 27.25%-27.2pp | 38.78%-38.8pp | 73.15%-73.1pp |
| Employer contribution / active EE | $2,639 | $1,527+72.8% | $2,568+2.8% | $2,343+12.7% |
| Participant deferral / active EE | $546 | $2,453-77.8% | $3,537-84.6% | $3,332-83.6% |
| Admin fee / account holder | $204 | $3,145-93.5% | $4,561-95.5% | $4,645-95.6% |