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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 | $30,956 | $72,492-57.3% | $87,104-64.5% | $72,975-57.6% |
| Participation rate | 50.0% | 72.8%-22.8pp | 76.9%-26.9pp | 69.5%-19.5pp |
| Annual return | 19.43% | 24.46%-5.0pp | 28.19%-8.8pp | 81.01%-61.6pp |
| Employer contribution / active EE | $574 | $1,894-69.7% | $2,521-77.2% | $2,440-76.5% |
| Participant deferral / active EE | $1,068 | $3,270-67.3% | $4,048-73.6% | $3,608-70.4% |
| Admin fee / account holder | $0 | $5,055-100.0% | $7,491-100.0% | $5,124-100.0% |