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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 | $57,964 | $102,609-43.5% | $98,090-40.9% | $138,895-58.3% |
| Participation rate | 20.0% | 82.8%-62.8pp | 81.5%-61.5pp | 79.9%-59.9pp |
| Annual return | 23.22% | 36.44%-13.2pp | 37.05%-13.8pp | 145.39%-122.2pp |
| Employer contribution / active EE | $0 | $3,867-100.0% | $3,606-100.0% | $4,194-100.0% |
| Participant deferral / active EE | $2,138 | $8,167-73.8% | $7,845-72.7% | $6,396-66.6% |
| Admin fee / account holder | $20 | $11,434-99.8% | $11,815-99.8% | $12,562-99.8% |