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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 | $38,465 | $96,731-60.2% | $123,973-69.0% | $86,983-55.8% |
| Participation rate | 36.6% | 70.0%-33.4pp | 76.7%-40.1pp | 69.5%-33.0pp |
| Annual return | 16.32% | 17.33%-1.0pp | 388.13%-371.8pp | 25.83%-9.5pp |
| Employer contribution / active EE | $961 | $3,297-70.8% | $4,126-76.7% | $2,584-62.8% |
| Participant deferral / active EE | $1,807 | $4,152-56.5% | $5,247-65.6% | $4,194-56.9% |
| Admin fee / account holder | $261 | $8,722-97.0% | $11,799-97.8% | $7,856-96.7% |