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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 | $88,056 | $157,304-44.0% | $141,197-37.6% | $152,909-42.4% |
| Participation rate | 36.8% | 84.8%-48.0pp | 82.5%-45.6pp | 82.5%-45.6pp |
| Annual return | 23.36% | 64.34%-41.0pp | 71.41%-48.0pp | 345.46%-322.1pp |
| Employer contribution / active EE | $994 | $5,263-81.1% | $4,736-79.0% | $4,764-79.1% |
| Participant deferral / active EE | $1,536 | $7,111-78.4% | $6,710-77.1% | $5,851-73.7% |
| Admin fee / account holder | $207 | $12,126-98.3% | $10,265-98.0% | $11,601-98.2% |