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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 | $23,680 | $72,177-67.2% | $115,038-79.4% | $59,633-60.3% |
| Participation rate | 20.0% | 72.6%-52.6pp | 81.4%-61.4pp | 68.7%-48.7pp |
| Annual return | 1.05% | 12.02%-11.0pp | 26.14%-25.1pp | 2041.45%-2040.4pp |
| Employer contribution / active EE | $1,024 | $2,841-63.9% | $4,608-77.8% | $2,203-53.5% |
| Participant deferral / active EE | $583 | $4,783-87.8% | $6,026-90.3% | $3,192-81.7% |
| Admin fee / account holder | $1 | $4,927-100.0% | $8,175-100.0% | $4,297-100.0% |