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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 | $29,978 | $53,774-44.3% | $134,162-77.7% | $79,856-62.5% |
| Participation rate | 10.6% | 58.8%-48.1pp | 72.2%-61.5pp | 69.6%-59.0pp |
| Annual return | 22.11% | 19.01%+3.1pp | 36.35%-14.2pp | 31.71%-9.6pp |
| Employer contribution / active EE | $394 | $1,322-70.2% | $3,705-89.4% | $2,471-84.1% |
| Participant deferral / active EE | $692 | $2,420-71.4% | $3,500-80.2% | $3,741-81.5% |
| Admin fee / account holder | $0 | $3,985-100.0% | $6,685-100.0% | $5,306-100.0% |