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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 | $26,978 | $102,422-73.7% | $147,117-81.7% | $80,959-66.7% |
| Participation rate | 43.2% | 75.9%-32.7pp | 82.2%-39.0pp | 67.7%-24.5pp |
| Annual return | 17.83% | 135.16%-117.3pp | 420.54%-402.7pp | 35.67%-17.8pp |
| Employer contribution / active EE | $1,860 | $3,717-50.0% | $4,932-62.3% | $2,757-32.5% |
| Participant deferral / active EE | $2,608 | $6,652-60.8% | $8,065-67.7% | $4,300-39.3% |
| Admin fee / account holder | $198 | $7,953-97.5% | $12,993-98.5% | $6,925-97.1% |