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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 | $15,612 | $48,078-67.5% | $78,676-80.2% | $62,881-75.2% |
| Participation rate | 12.5% | 65.2%-52.7pp | 73.6%-61.1pp | 69.3%-56.8pp |
| Annual return | 9.24% | 31.36%-22.1pp | 62.19%-52.9pp | 20.14%-10.9pp |
| Employer contribution / active EE | $291 | $2,015-85.5% | $2,850-89.8% | $2,281-87.2% |
| Participant deferral / active EE | $350 | $2,587-86.5% | $3,517-90.0% | $3,203-89.1% |
| Admin fee / account holder | $0 | $3,206-100.0% | $4,510-100.0% | $4,296-100.0% |