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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 | $26,698 | $64,462-58.6% | $81,482-67.2% | $80,911-67.0% |
| Participation rate | 20.8% | 63.9%-43.1pp | 69.5%-48.7pp | 67.6%-46.8pp |
| Annual return | 17.52% | 16.35%+1.2pp | 24.79%-7.3pp | 35.63%-18.1pp |
| Employer contribution / active EE | $495 | $1,979-75.0% | $2,463-79.9% | $2,756-82.0% |
| Participant deferral / active EE | $773 | $3,094-75.0% | $3,885-80.1% | $4,297-82.0% |
| Admin fee / account holder | $148 | $5,678-97.4% | $5,761-97.4% | $6,935-97.9% |