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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 | $23,848 | $63,365-62.4% | $91,994-74.1% | $72,976-67.3% |
| Participation rate | 61.9% | 72.5%-10.6pp | 78.6%-16.7pp | 69.5%-7.6pp |
| Annual return | 0.00% | 35.35%-35.3pp | 69.04%-69.0pp | 81.02%-81.0pp |
| Employer contribution / active EE | $2,228 | $2,116+5.3% | $3,453-35.5% | $2,440-8.7% |
| Participant deferral / active EE | $2,066 | $4,883-57.7% | $5,924-65.1% | $3,608-42.7% |
| Admin fee / account holder | $0 | $4,670-100.0% | $7,744-100.0% | $5,124-100.0% |