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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 | $77,814-83.4% | $158,223-91.8% | $86,983-85.1% |
| Participation rate | 30.4% | 68.4%-38.1pp | 79.2%-48.8pp | 69.5%-39.2pp |
| Annual return | 20.12% | 30.54%-10.4pp | 52.09%-32.0pp | 25.83%-5.7pp |
| Employer contribution / active EE | $373 | $2,592-85.6% | $4,109-90.9% | $2,584-85.6% |
| Participant deferral / active EE | $643 | $3,270-80.3% | $5,467-88.2% | $4,194-84.7% |
| Admin fee / account holder | $51 | $5,879-99.1% | $16,047-99.7% | $7,856-99.4% |