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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 | $18,937 | $58,851-67.8% | $115,167-83.6% | $72,976-74.1% |
| Participation rate | 40.0% | 65.5%-25.5pp | 75.9%-35.9pp | 69.5%-29.5pp |
| Annual return | 16.42% | 23.16%-6.7pp | 35.60%-19.2pp | 81.02%-64.6pp |
| Employer contribution / active EE | $526 | $1,798-70.8% | $3,179-83.5% | $2,440-78.4% |
| Participant deferral / active EE | $838 | $2,643-68.3% | $4,169-79.9% | $3,608-76.8% |
| Admin fee / account holder | $276 | $6,370-95.7% | $7,089-96.1% | $5,124-94.6% |