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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 | $15,886 | $77,908-79.6% | $149,696-89.4% | $75,173-78.9% |
| Participation rate | 28.6% | 65.6%-37.0pp | 78.8%-50.2pp | 67.2%-38.6pp |
| Annual return | 15.59% | 31.73%-16.1pp | 134.46%-118.9pp | 160.72%-145.1pp |
| Employer contribution / active EE | $556 | $3,138-82.3% | $4,821-88.5% | $2,671-79.2% |
| Participant deferral / active EE | $802 | $3,411-76.5% | $5,682-85.9% | $4,126-80.6% |
| Admin fee / account holder | $239 | $5,950-96.0% | $13,212-98.2% | $5,651-95.8% |