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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 | $20,789 | $55,902-62.8% | $76,030-72.7% | $80,959-74.3% |
| Participation rate | 16.1% | 62.1%-45.9pp | 69.1%-52.9pp | 67.7%-51.5pp |
| Annual return | 10.53% | 20.59%-10.1pp | 361.54%-351.0pp | 35.67%-25.1pp |
| Employer contribution / active EE | $396 | $1,867-78.8% | $2,688-85.3% | $2,757-85.6% |
| Participant deferral / active EE | $565 | $3,051-81.5% | $4,257-86.7% | $4,300-86.9% |
| Admin fee / account holder | $18 | $5,239-99.7% | $6,421-99.7% | $6,925-99.7% |