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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 | $14,324 | $106,267-86.5% | $96,520-85.2% | $139,456-89.7% |
| Participation rate | 33.3% | 77.8%-44.5pp | 74.3%-41.0pp | 80.3%-47.0pp |
| Annual return | 24.94% | 38.45%-13.5pp | 35.72%-10.8pp | 373.45%-348.5pp |
| Employer contribution / active EE | $854 | $4,105-79.2% | $3,739-77.2% | $4,753-82.0% |
| Participant deferral / active EE | $1,218 | $5,454-77.7% | $4,879-75.0% | $6,711-81.8% |
| Admin fee / account holder | $117 | $7,882-98.5% | $6,733-98.3% | $11,407-99.0% |