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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 | $6,283 | $51,207-87.7% | $70,565-91.1% | $75,177-91.6% |
| Participation rate | 44.2% | 61.0%-16.8pp | 68.4%-24.2pp | 67.2%-23.0pp |
| Annual return | 50.40% | 30.05%+20.3pp | 32.79%+17.6pp | 160.75%-110.4pp |
| Employer contribution / active EE | $388 | $1,826-78.8% | $2,976-87.0% | $2,671-85.5% |
| Participant deferral / active EE | $525 | $2,850-81.6% | $4,568-88.5% | $4,126-87.3% |
| Admin fee / account holder | $106 | $4,097-97.4% | $6,430-98.3% | $5,651-98.1% |