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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 | $15,557 | $61,125-74.5% | $94,057-83.5% | $87,485-82.2% |
| Participation rate | 14.3% | 64.1%-49.8pp | 73.3%-59.1pp | 68.9%-54.6pp |
| Annual return | 25.61% | 35.20%-9.6pp | 480.62%-455.0pp | 26.06%-0.4pp |
| Employer contribution / active EE | $365 | $2,136-82.9% | $2,933-87.6% | $2,596-86.0% |
| Participant deferral / active EE | $424 | $3,260-87.0% | $4,709-91.0% | $4,274-90.1% |
| Admin fee / account holder | $72 | $5,629-98.7% | $7,244-99.0% | $7,775-99.1% |