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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 | $46,149 | $178,174-74.1% | $156,181-70.5% | $137,256-66.4% |
| Participation rate | 57.1% | 82.0%-24.9pp | 78.8%-21.7pp | 80.0%-22.8pp |
| Annual return | 16.56% | 84.19%-67.6pp | 64.87%-48.3pp | 220.34%-203.8pp |
| Employer contribution / active EE | $1,592 | $4,972-68.0% | $4,294-62.9% | $4,156-61.7% |
| Participant deferral / active EE | $1,964 | $6,888-71.5% | $6,132-68.0% | $6,407-69.3% |
| Admin fee / account holder | $292 | $17,404-98.3% | $14,586-98.0% | $12,270-97.6% |