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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 | $74,858 | $47,944+56.1% | $67,834+10.4% | $62,881+19.0% |
| Participation rate | 29.3% | 61.1%-31.8pp | 68.8%-39.5pp | 69.3%-40.0pp |
| Annual return | 5.25% | 11.77%-6.5pp | 138.47%-133.2pp | 20.14%-14.9pp |
| Employer contribution / active EE | $0 | $1,562-100.0% | $2,403-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $141 | $2,247-93.7% | $3,160-95.5% | $3,203-95.6% |
| Admin fee / account holder | $106 | $3,712-97.1% | $4,622-97.7% | $4,296-97.5% |