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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 | $20,634 | $65,395-68.4% | $182,540-88.7% | $72,975-71.7% |
| Participation rate | 22.6% | 65.4%-42.9pp | 78.0%-55.4pp | 69.5%-46.9pp |
| Annual return | 24.14% | 27.68%-3.5pp | 148.58%-124.4pp | 81.01%-56.9pp |
| Employer contribution / active EE | $0 | $1,911-100.0% | $4,076-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $709 | $3,563-80.1% | $5,525-87.2% | $3,608-80.4% |
| Admin fee / account holder | $216 | $4,245-94.9% | $8,593-97.5% | $5,124-95.8% |