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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 | $57,181 | $64,359-11.2% | $90,161-36.6% | $70,126-18.5% |
| Participation rate | 36.4% | 70.4%-34.1pp | 76.9%-40.5pp | 69.5%-33.2pp |
| Annual return | 25.18% | 28.13%-3.0pp | 34.89%-9.7pp | 73.15%-48.0pp |
| Employer contribution / active EE | $782 | $2,046-61.8% | $3,318-76.4% | $2,343-66.6% |
| Participant deferral / active EE | $1,177 | $4,389-73.2% | $5,287-77.7% | $3,332-64.7% |
| Admin fee / account holder | $66 | $3,945-98.3% | $5,943-98.9% | $4,645-98.6% |