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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 | $38,123 | $79,961-52.3% | $98,462-61.3% | $75,177-49.3% |
| Participation rate | 25.7% | 70.4%-44.7pp | 75.2%-49.5pp | 67.2%-41.5pp |
| Annual return | 13.28% | 19.75%-6.5pp | 21.17%-7.9pp | 160.75%-147.5pp |
| Employer contribution / active EE | $0 | $2,264-100.0% | $3,049-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $391 | $3,753-89.6% | $4,738-91.7% | $4,126-90.5% |
| Admin fee / account holder | $31 | $6,842-99.5% | $8,875-99.6% | $5,651-99.4% |