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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 | $67,955 | $70,475-3.6% | $100,530-32.4% | $79,858-14.9% |
| Participation rate | 25.7% | 73.7%-47.9pp | 79.4%-53.7pp | 69.6%-43.9pp |
| Annual return | 20.26% | 21.90%-1.6pp | 30.89%-10.6pp | 31.72%-11.5pp |
| Employer contribution / active EE | $0 | $2,165-100.0% | $3,418-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $461 | $5,181-91.1% | $6,271-92.6% | $3,740-87.7% |
| Admin fee / account holder | $0 | $4,478-100.0% | $8,083-100.0% | $5,306-100.0% |