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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 | $8,453 | $125,778-93.3% | $114,563-92.6% | $154,746-94.5% |
| Participation rate | 60.0% | 75.2%-15.2pp | 72.9%-12.9pp | 80.7%-20.7pp |
| Annual return | 23.23% | 295.14%-271.9pp | 241.09%-217.9pp | 172.34%-149.1pp |
| Employer contribution / active EE | $686 | $2,806-75.5% | $2,592-73.5% | $4,379-84.3% |
| Participant deferral / active EE | $658 | $4,445-85.2% | $4,142-84.1% | $6,730-90.2% |
| Admin fee / account holder | $122 | $8,190-98.5% | $7,623-98.4% | $14,365-99.1% |