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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 | $25,671 | $96,558-73.4% | $80,977-68.3% | $273,972-90.6% |
| Participation rate | 55.6% | 79.1%-23.5pp | 75.8%-20.3pp | 83.0%-27.5pp |
| Annual return | 7.60% | 15.14%-7.5pp | 17.11%-9.5pp | 41.46%-33.9pp |
| Employer contribution / active EE | $2,906 | $4,869-40.3% | $3,715-21.8% | $4,869-40.3% |
| Participant deferral / active EE | $509 | $6,598-92.3% | $5,696-91.1% | $5,287-90.4% |
| Admin fee / account holder | $0 | $7,493-100.0% | $5,517-100.0% | $10,133-100.0% |