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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 | $46,416 | $53,777-13.7% | $134,155-65.4% | $79,858-41.9% |
| Participation rate | 13.8% | 58.8%-45.0pp | 72.2%-58.4pp | 69.6%-55.8pp |
| Annual return | 12.61% | 19.01%-6.4pp | 36.34%-23.7pp | 31.72%-19.1pp |
| Employer contribution / active EE | $347 | $1,321-73.7% | $3,705-90.6% | $2,471-85.9% |
| Participant deferral / active EE | $789 | $2,420-67.4% | $3,500-77.5% | $3,740-78.9% |
| Admin fee / account holder | $92 | $3,984-97.7% | $6,685-98.6% | $5,306-98.3% |