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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 | $57,878 | $85,171-32.0% | $172,752-66.5% | $72,975-20.7% |
| Participation rate | 25.8% | 70.1%-44.3pp | 82.6%-56.8pp | 69.5%-43.7pp |
| Annual return | 18.36% | 27.32%-9.0pp | 802.97%-784.6pp | 81.01%-62.7pp |
| Employer contribution / active EE | $422 | $3,324-87.3% | $5,144-91.8% | $2,440-82.7% |
| Participant deferral / active EE | $727 | $3,260-77.7% | $5,198-86.0% | $3,608-79.8% |
| Admin fee / account holder | $44 | $5,880-99.2% | $13,955-99.7% | $5,124-99.1% |