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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 | $23,450 | $77,638-69.8% | $156,551-85.0% | $62,881-62.7% |
| Participation rate | 39.5% | 71.2%-31.7pp | 84.0%-44.5pp | 69.3%-29.8pp |
| Annual return | 20.56% | 50.33%-29.8pp | 32.23%-11.7pp | 20.14%+0.4pp |
| Employer contribution / active EE | $0 | $3,444-100.0% | $5,501-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $755 | $3,046-75.2% | $4,871-84.5% | $3,203-76.4% |
| Admin fee / account holder | $139 | $5,561-97.5% | $13,028-98.9% | $4,296-96.8% |