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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 | $35,229 | $56,287-37.4% | $80,977-56.5% | $62,881-44.0% |
| Participation rate | 46.2% | 68.9%-22.8pp | 75.8%-29.7pp | 69.3%-23.2pp |
| Annual return | 8.10% | 22.13%-14.0pp | 17.11%-9.0pp | 20.14%-12.0pp |
| Employer contribution / active EE | $967 | $1,943-50.2% | $3,715-74.0% | $2,281-57.6% |
| Participant deferral / active EE | $1,387 | $4,196-66.9% | $5,696-75.7% | $3,203-56.7% |
| Admin fee / account holder | $1 | $3,742-100.0% | $5,517-100.0% | $4,296-100.0% |