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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 | $47,432 | $83,369-43.1% | $105,223-54.9% | $67,986-30.2% |
| Participation rate | 21.6% | 56.3%-34.7pp | 75.0%-53.5pp | 57.2%-35.6pp |
| Annual return | 16.55% | 24.64%-8.1pp | 180.65%-164.1pp | 31.67%-15.1pp |
| Employer contribution / active EE | $822 | $2,541-67.6% | $3,689-77.7% | $2,019-59.3% |
| Participant deferral / active EE | $1,080 | $3,295-67.2% | $5,072-78.7% | $3,358-67.8% |
| Admin fee / account holder | $255 | $4,073-93.7% | $8,859-97.1% | $3,203-92.0% |