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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 | $27,449 | $73,787-62.8% | $98,716-72.2% | $82,448-66.7% |
| Participation rate | 3.6% | 61.4%-57.8pp | 69.3%-65.7pp | 68.1%-64.5pp |
| Annual return | 29.14% | 18.57%+10.6pp | 31.81%-2.7pp | 41.64%-12.5pp |
| Employer contribution / active EE | $0 | $1,511-100.0% | $2,279-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $182 | $3,081-94.1% | $4,048-95.5% | $4,139-95.6% |
| Admin fee / account holder | $250 | $6,500-96.1% | $8,703-97.1% | $7,234-96.5% |