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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 | $34,288 | $76,551-55.2% | $123,894-72.3% | $62,881-45.5% |
| Participation rate | 14.7% | 73.0%-58.3pp | 81.4%-66.7pp | 69.3%-54.6pp |
| Annual return | 6.55% | 18.68%-12.1pp | 47.52%-41.0pp | 20.14%-13.6pp |
| Employer contribution / active EE | $690 | $2,882-76.1% | $4,617-85.1% | $2,281-69.8% |
| Participant deferral / active EE | $909 | $4,840-81.2% | $5,984-84.8% | $3,203-71.6% |
| Admin fee / account holder | $0 | $4,826-100.0% | $8,357-100.0% | $4,296-100.0% |