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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 | $11,248 | $64,920-82.7% | $103,693-89.2% | $86,983-87.1% |
| Participation rate | 34.2% | 63.6%-29.4pp | 72.6%-38.4pp | 69.5%-35.3pp |
| Annual return | 22.56% | 30.29%-7.7pp | 47.61%-25.0pp | 25.83%-3.3pp |
| Employer contribution / active EE | $562 | $2,141-73.8% | $2,920-80.8% | $2,584-78.3% |
| Participant deferral / active EE | $754 | $3,241-76.7% | $4,579-83.5% | $4,194-82.0% |
| Admin fee / account holder | $74 | $6,191-98.8% | $7,858-99.1% | $7,856-99.1% |