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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 | $40,096 | $54,541-26.5% | $78,778-49.1% | $70,126-42.8% |
| Participation rate | 20.0% | 60.8%-40.8pp | 69.2%-49.2pp | 69.5%-49.5pp |
| Annual return | 21.13% | 21.07%+0.1pp | 35.62%-14.5pp | 73.15%-52.0pp |
| Employer contribution / active EE | $0 | $1,089-100.0% | $1,986-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $610 | $2,210-72.4% | $2,958-79.4% | $3,332-81.7% |
| Admin fee / account holder | $216 | $3,709-94.2% | $5,134-95.8% | $4,645-95.3% |