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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 | $34,251 | $166,131-79.4% | $164,975-79.2% | $145,877-76.5% |
| Participation rate | 57.1% | 82.0%-24.9pp | 78.6%-21.5pp | 80.3%-23.2pp |
| Annual return | 22.81% | 100.37%-77.6pp | 70.12%-47.3pp | 551.28%-528.5pp |
| Employer contribution / active EE | $1,464 | $5,276-72.2% | $4,343-66.3% | $4,663-68.6% |
| Participant deferral / active EE | $1,773 | $6,962-74.5% | $6,033-70.6% | $6,691-73.5% |
| Admin fee / account holder | $270 | $16,648-98.4% | $12,688-97.9% | $13,402-98.0% |