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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 | $28,213 | $52,678-46.4% | $75,784-62.8% | $59,633-52.7% |
| Participation rate | 50.0% | 67.2%-17.2pp | 75.8%-25.8pp | 68.7%-18.7pp |
| Annual return | 0.02% | 2.95%-2.9pp | 9.68%-9.7pp | 2041.45%-2041.4pp |
| Employer contribution / active EE | $4,126 | $2,193+88.1% | $3,323+24.1% | $2,203+87.3% |
| Participant deferral / active EE | $173 | $2,591-93.3% | $3,652-95.3% | $3,192-94.6% |
| Admin fee / account holder | $133 | $3,610-96.3% | $5,300-97.5% | $4,297-96.9% |