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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 | $28,616 | $81,403-64.8% | $147,027-80.5% | $87,485-67.3% |
| Participation rate | 31.9% | 63.4%-31.5pp | 73.7%-41.8pp | 68.9%-37.0pp |
| Annual return | 15.83% | 16.51%-0.7pp | 20.23%-4.4pp | 26.06%-10.2pp |
| Employer contribution / active EE | $602 | $2,205-72.7% | $3,626-83.4% | $2,596-76.8% |
| Participant deferral / active EE | $711 | $3,315-78.6% | $4,933-85.6% | $4,274-83.4% |
| Admin fee / account holder | $15 | $6,755-99.8% | $12,223-99.9% | $7,775-99.8% |