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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 | $18,103 | $127,296-85.8% | $109,907-83.5% | $167,536-89.2% |
| Participation rate | 64.7% | 77.9%-13.2pp | 74.2%-9.5pp | 82.1%-17.4pp |
| Annual return | 10.73% | 22.97%-12.2pp | 29.46%-18.7pp | 478.82%-468.1pp |
| Employer contribution / active EE | $243 | $3,325-92.7% | $2,844-91.5% | $4,839-95.0% |
| Participant deferral / active EE | $196 | $4,513-95.7% | $4,047-95.2% | $6,342-96.9% |
| Admin fee / account holder | $31 | $7,119-99.6% | $6,069-99.5% | $12,315-99.7% |