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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 | $4,275 | $29,319-85.4% | $52,425-91.8% | $82,448-94.8% |
| Participation rate | 14.6% | 46.9%-32.2pp | 55.6%-41.0pp | 68.1%-53.4pp |
| Annual return | 21.14% | 535.20%-514.1pp | 302.12%-281.0pp | 41.64%-20.5pp |
| Employer contribution / active EE | $173 | $586-70.6% | $914-81.1% | $2,551-93.2% |
| Participant deferral / active EE | $253 | $1,171-78.4% | $1,790-85.8% | $4,139-93.9% |
| Admin fee / account holder | $156 | $1,962-92.0% | $2,495-93.7% | $7,234-97.8% |