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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 | $166,242-83.0% | $165,071-82.9% | $145,884-80.7% |
| Participation rate | 33.3% | 82.0%-48.7pp | 78.6%-45.3pp | 80.3%-47.0pp |
| Annual return | 10.83% | 100.44%-89.6pp | 70.17%-59.3pp | 551.85%-541.0pp |
| Employer contribution / active EE | $3,454 | $5,283-34.6% | $4,347-20.6% | $4,662-25.9% |
| Participant deferral / active EE | $554 | $6,964-92.0% | $6,035-90.8% | $6,690-91.7% |
| Admin fee / account holder | $9 | $16,658-99.9% | $12,695-99.9% | $13,392-99.9% |