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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 | $70,486-3.6% | $100,535-32.4% | $79,856-14.9% |
| Participation rate | 25.7% | 73.6%-47.9pp | 79.4%-53.7pp | 69.6%-43.9pp |
| Annual return | 20.26% | 21.90%-1.6pp | 30.90%-10.6pp | 31.71%-11.4pp |
| Employer contribution / active EE | $0 | $2,165-100.0% | $3,419-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $461 | $5,182-91.1% | $6,271-92.6% | $3,741-87.7% |
| Admin fee / account holder | $0 | $4,480-100.0% | $8,085-100.0% | $5,306-100.0% |