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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 | $31,077 | $107,666-71.1% | $102,184-69.6% | $154,746-79.9% |
| Participation rate | 66.7% | 83.7%-17.1pp | 82.6%-15.9pp | 80.7%-14.0pp |
| Annual return | 18.37% | 29.33%-11.0pp | 31.58%-13.2pp | 172.34%-154.0pp |
| Employer contribution / active EE | $1,634 | $3,846-57.5% | $3,594-54.5% | $4,379-62.7% |
| Participant deferral / active EE | $2,444 | $8,719-72.0% | $8,309-70.6% | $6,730-63.7% |
| Admin fee / account holder | $5 | $12,943-100.0% | $11,609-100.0% | $14,365-100.0% |