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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 | $35,423 | $54,757-35.3% | $90,304-60.8% | $72,975-51.5% |
| Participation rate | 19.1% | 65.2%-46.0pp | 73.3%-54.2pp | 69.5%-50.4pp |
| Annual return | 23.82% | 30.63%-6.8pp | 78.13%-54.3pp | 81.01%-57.2pp |
| Employer contribution / active EE | $795 | $2,093-62.0% | $2,855-72.1% | $2,440-67.4% |
| Participant deferral / active EE | $406 | $2,887-86.0% | $3,885-89.6% | $3,608-88.8% |
| Admin fee / account holder | $90 | $3,973-97.7% | $5,354-98.3% | $5,124-98.2% |