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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 | $48,895 | $81,358-39.9% | $155,556-68.6% | $80,959-39.6% |
| Participation rate | 23.4% | 66.3%-42.9pp | 78.2%-54.8pp | 67.7%-44.3pp |
| Annual return | 11.62% | 33.39%-21.8pp | 64.84%-53.2pp | 35.67%-24.1pp |
| Employer contribution / active EE | $521 | $3,106-83.2% | $4,675-88.9% | $2,757-81.1% |
| Participant deferral / active EE | $832 | $3,455-75.9% | $5,631-85.2% | $4,300-80.6% |
| Admin fee / account holder | $0 | $7,994-100.0% | $15,885-100.0% | $6,925-100.0% |