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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 | $10,358 | $37,446-72.3% | $77,552-86.6% | $79,856-87.0% |
| Participation rate | 16.7% | 41.5%-24.9pp | 54.2%-37.5pp | 69.6%-53.0pp |
| Annual return | 27.01% | 39.76%-12.8pp | 54.82%-27.8pp | 31.71%-4.7pp |
| Employer contribution / active EE | $131 | $637-79.5% | $987-86.8% | $2,471-94.7% |
| Participant deferral / active EE | $202 | $1,261-84.0% | $1,861-89.1% | $3,741-94.6% |
| Admin fee / account holder | $0 | $2,506-100.0% | $2,859-100.0% | $5,306-100.0% |