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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 | $97,289-40.4% | $92,805-37.5% | $155,188-62.6% |
| Participation rate | 20.0% | 84.2%-64.2pp | 83.5%-63.5pp | 80.8%-60.8pp |
| Annual return | 23.22% | 29.03%-5.8pp | 31.59%-8.4pp | 148.84%-125.6pp |
| Employer contribution / active EE | $0 | $3,632-100.0% | $3,424-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $2,138 | $8,795-75.7% | $8,448-74.7% | $6,531-67.3% |
| Admin fee / account holder | $20 | $12,015-99.8% | $10,911-99.8% | $14,480-99.9% |