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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 | $45,959 | $77,460-40.7% | $100,378-54.2% | $80,925-43.2% |
| Participation rate | 22.2% | 76.9%-54.7pp | 81.5%-59.3pp | 67.7%-45.4pp |
| Annual return | 13.61% | 37.24%-23.6pp | 49.41%-35.8pp | 35.65%-22.0pp |
| Employer contribution / active EE | $476 | $2,801-83.0% | $3,942-87.9% | $2,756-82.7% |
| Participant deferral / active EE | $975 | $6,818-85.7% | $8,087-87.9% | $4,299-77.3% |
| Admin fee / account holder | $246 | $5,887-95.8% | $7,899-96.9% | $6,940-96.5% |