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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 | $98,659 | $113,935-13.4% | $94,224+4.7% | $125,393-21.3% |
| Participation rate | 28.6% | 82.9%-54.3pp | 78.8%-50.2pp | 83.2%-54.6pp |
| Annual return | 0.46% | 5.29%-4.8pp | 10.68%-10.2pp | 282.23%-281.8pp |
| Employer contribution / active EE | $0 | $4,727-100.0% | $3,587-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $1,043 | $5,179-79.9% | $4,320-75.9% | $5,351-80.5% |
| Admin fee / account holder | $0 | $8,391-100.0% | $6,269-100.0% | $9,541-100.0% |