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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 | $12,019 | $37,436-67.9% | $77,513-84.5% | $79,858-84.9% |
| Participation rate | 16.7% | 41.5%-24.9pp | 54.2%-37.5pp | 69.6%-53.0pp |
| Annual return | 21.70% | 39.75%-18.1pp | 54.81%-33.1pp | 31.72%-10.0pp |
| Employer contribution / active EE | $141 | $637-77.9% | $987-85.7% | $2,471-94.3% |
| Participant deferral / active EE | $215 | $1,261-83.0% | $1,861-88.5% | $3,740-94.3% |
| Admin fee / account holder | $96 | $2,505-96.2% | $2,859-96.6% | $5,306-98.2% |