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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 | $43,672 | $110,212-60.4% | $96,534-54.8% | $139,466-68.7% |
| Participation rate | 22.2% | 78.1%-55.9pp | 76.0%-53.8pp | 80.3%-58.1pp |
| Annual return | 14.52% | 26.42%-11.9pp | 25.88%-11.4pp | 373.66%-359.1pp |
| Employer contribution / active EE | $0 | $3,620-100.0% | $2,965-100.0% | $4,754-100.0% |
| Participant deferral / active EE | $954 | $5,547-82.8% | $4,851-80.3% | $6,712-85.8% |
| Admin fee / account holder | $55 | $11,599-99.5% | $8,253-99.3% | $11,409-99.5% |