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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 | $19,294 | $58,099-66.8% | $76,872-74.9% | $75,173-74.3% |
| Participation rate | 11.3% | 63.9%-52.6pp | 69.6%-58.3pp | 67.2%-55.9pp |
| Annual return | 21.18% | 26.71%-5.5pp | 37.90%-16.7pp | 160.72%-139.5pp |
| Employer contribution / active EE | $0 | $1,996-100.0% | $2,533-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $673 | $2,999-77.6% | $3,832-82.4% | $4,126-83.7% |
| Admin fee / account holder | $72 | $4,778-98.5% | $5,476-98.7% | $5,651-98.7% |