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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 | $55,528 | $73,981-24.9% | $105,754-47.5% | $62,881-11.7% |
| Participation rate | 68.0% | 71.7%-3.7pp | 78.9%-10.9pp | 69.3%-1.3pp |
| Annual return | 4.88% | 17.60%-12.7pp | 12.25%-7.4pp | 20.14%-15.3pp |
| Employer contribution / active EE | $690 | $2,856-75.9% | $4,079-83.1% | $2,281-69.8% |
| Participant deferral / active EE | $1,290 | $4,038-68.1% | $5,326-75.8% | $3,203-59.7% |
| Admin fee / account holder | $160 | $5,976-97.3% | $8,309-98.1% | $4,296-96.3% |