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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 | $199,109-76.8% | $173,730-73.4% | $154,746-70.2% |
| Participation rate | 57.1% | 82.8%-25.7pp | 79.6%-22.4pp | 80.7%-23.6pp |
| Annual return | 16.56% | 20.02%-3.5pp | 19.96%-3.4pp | 172.34%-155.8pp |
| Employer contribution / active EE | $1,592 | $5,311-70.0% | $4,577-65.2% | $4,379-63.6% |
| Participant deferral / active EE | $1,964 | $7,113-72.4% | $6,326-68.9% | $6,730-70.8% |
| Admin fee / account holder | $292 | $20,916-98.6% | $17,523-98.3% | $14,365-98.0% |