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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 | $8,629 | $36,948-76.6% | $73,658-88.3% | $87,485-90.1% |
| Participation rate | 16.1% | 46.8%-30.7pp | 57.0%-40.9pp | 68.9%-52.8pp |
| Annual return | 24.67% | 28.64%-4.0pp | 29.72%-5.0pp | 26.06%-1.4pp |
| Employer contribution / active EE | $192 | $670-71.3% | $1,032-81.4% | $2,596-92.6% |
| Participant deferral / active EE | $218 | $1,379-84.2% | $2,062-89.4% | $4,274-94.9% |
| Admin fee / account holder | $47 | $2,531-98.2% | $3,357-98.6% | $7,775-99.4% |