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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 | $10,417 | $35,183-70.4% | $73,550-85.8% | $70,126-85.1% |
| Participation rate | 13.3% | 42.9%-29.6pp | 54.9%-41.6pp | 69.5%-56.2pp |
| Annual return | 19.29% | 26.90%-7.6pp | -15.16%+34.5pp | 73.15%-53.9pp |
| Employer contribution / active EE | $238 | $709-66.4% | $1,219-80.5% | $2,343-89.8% |
| Participant deferral / active EE | $270 | $1,220-77.9% | $1,804-85.1% | $3,332-91.9% |
| Admin fee / account holder | $151 | $2,302-93.5% | $2,320-93.5% | $4,645-96.8% |