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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 | $24,430 | $68,852-64.5% | $120,524-79.7% | $80,925-69.8% |
| Participation rate | 33.3% | 61.6%-28.3pp | 71.9%-38.6pp | 67.7%-34.3pp |
| Annual return | 10.58% | 23.67%-13.1pp | 107.36%-96.8pp | 35.65%-25.1pp |
| Employer contribution / active EE | $652 | $2,063-68.4% | $3,469-81.2% | $2,756-76.4% |
| Participant deferral / active EE | $743 | $3,187-76.7% | $4,994-85.1% | $4,299-82.7% |
| Admin fee / account holder | $4 | $5,781-99.9% | $9,440-100.0% | $6,940-99.9% |