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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 | $25,116 | $54,757-54.1% | $90,304-72.2% | $72,975-65.6% |
| Participation rate | 10.3% | 65.2%-54.8pp | 73.3%-62.9pp | 69.5%-59.1pp |
| Annual return | 32.06% | 30.63%+1.4pp | 78.13%-46.1pp | 81.01%-49.0pp |
| Employer contribution / active EE | $394 | $2,093-81.2% | $2,855-86.2% | $2,440-83.8% |
| Participant deferral / active EE | $643 | $2,887-77.7% | $3,885-83.4% | $3,608-82.2% |
| Admin fee / account holder | $0 | $3,973-100.0% | $5,354-100.0% | $5,124-100.0% |