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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 | $12,953 | $78,690-83.5% | $161,489-92.0% | $87,485-85.2% |
| Participation rate | 30.4% | 67.5%-37.1pp | 78.7%-48.3pp | 68.9%-38.6pp |
| Annual return | 20.12% | 32.74%-12.6pp | 89.72%-69.6pp | 26.06%-5.9pp |
| Employer contribution / active EE | $373 | $2,588-85.6% | $4,268-91.3% | $2,596-85.6% |
| Participant deferral / active EE | $643 | $3,311-80.6% | $5,630-88.6% | $4,274-85.0% |
| Admin fee / account holder | $51 | $6,724-99.2% | $16,006-99.7% | $7,775-99.4% |