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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 | $28,183 | $54,757-48.5% | $90,304-68.8% | $72,975-61.4% |
| Participation rate | 22.2% | 65.2%-42.9pp | 73.3%-51.1pp | 69.5%-47.3pp |
| Annual return | 21.68% | 30.63%-9.0pp | 78.13%-56.5pp | 81.01%-59.3pp |
| Employer contribution / active EE | $406 | $2,093-80.6% | $2,855-85.8% | $2,440-83.4% |
| Participant deferral / active EE | $480 | $2,887-83.4% | $3,885-87.7% | $3,608-86.7% |
| Admin fee / account holder | $59 | $3,973-98.5% | $5,354-98.9% | $5,124-98.8% |