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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 | $28,226 | $166,268-83.0% | $165,100-82.9% | $145,897-80.7% |
| Participation rate | 33.3% | 82.0%-48.7pp | 78.6%-45.3pp | 80.3%-47.0pp |
| Annual return | 10.83% | 100.52%-89.7pp | 70.21%-59.4pp | 552.29%-541.5pp |
| Employer contribution / active EE | $3,454 | $5,284-34.6% | $4,348-20.6% | $4,663-25.9% |
| Participant deferral / active EE | $554 | $6,964-92.0% | $6,035-90.8% | $6,689-91.7% |
| Admin fee / account holder | $9 | $16,659-99.9% | $12,696-99.9% | $13,390-99.9% |