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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 | $31,171 | $107,809-71.1% | $97,032-67.9% | $155,188-79.9% |
| Participation rate | 28.6% | 75.5%-46.9pp | 71.6%-43.0pp | 80.8%-52.2pp |
| Annual return | 17.13% | 38.06%-20.9pp | 35.38%-18.3pp | 148.84%-131.7pp |
| Employer contribution / active EE | $436 | $2,911-85.0% | $2,629-83.4% | $4,248-89.7% |
| Participant deferral / active EE | $653 | $5,129-87.3% | $4,672-86.0% | $6,531-90.0% |
| Admin fee / account holder | $278 | $10,717-97.4% | $9,418-97.1% | $14,480-98.1% |