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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 | $34,262 | $96,558-64.5% | $80,977-57.7% | $273,972-87.5% |
| Participation rate | 66.7% | 79.1%-12.4pp | 75.8%-9.1pp | 83.0%-16.3pp |
| Annual return | 5.88% | 15.14%-9.3pp | 17.11%-11.2pp | 41.46%-35.6pp |
| Employer contribution / active EE | $5,637 | $4,869+15.8% | $3,715+51.8% | $4,869+15.8% |
| Participant deferral / active EE | $0 | $6,598-100.0% | $5,696-100.0% | $5,287-100.0% |
| Admin fee / account holder | $183 | $7,493-97.6% | $5,517-96.7% | $10,133-98.2% |