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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 | $81,480 | $66,764+22.0% | $88,497-7.9% | $62,881+29.6% |
| Participation rate | 61.3% | 77.3%-16.0pp | 82.4%-21.1pp | 69.3%-8.0pp |
| Annual return | 9.96% | 10.37%-0.4pp | 7.63%+2.3pp | 20.14%-10.2pp |
| Employer contribution / active EE | $0 | $3,077-100.0% | $4,036-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,028 | $3,976-74.1% | $4,899-79.0% | $3,203-67.9% |
| Admin fee / account holder | $21 | $4,668-99.6% | $6,220-99.7% | $4,296-99.5% |