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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 | $45,716 | $72,492-36.9% | $87,104-47.5% | $72,975-37.4% |
| Participation rate | 59.3% | 72.8%-13.6pp | 76.9%-17.6pp | 69.5%-10.2pp |
| Annual return | 21.85% | 24.46%-2.6pp | 28.19%-6.3pp | 81.01%-59.2pp |
| Employer contribution / active EE | $0 | $1,894-100.0% | $2,521-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,344 | $3,270-58.9% | $4,048-66.8% | $3,608-62.7% |
| Admin fee / account holder | $9 | $5,055-99.8% | $7,491-99.9% | $5,124-99.8% |