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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 | $9,760 | $77,908-87.5% | $149,696-93.5% | $75,173-87.0% |
| Participation rate | 30.6% | 65.6%-35.0pp | 78.8%-48.2pp | 67.2%-36.6pp |
| Annual return | 40.85% | 31.73%+9.1pp | 134.46%-93.6pp | 160.72%-119.9pp |
| Employer contribution / active EE | $491 | $3,138-84.3% | $4,821-89.8% | $2,671-81.6% |
| Participant deferral / active EE | $803 | $3,411-76.4% | $5,682-85.9% | $4,126-80.5% |
| Admin fee / account holder | $159 | $5,950-97.3% | $13,212-98.8% | $5,651-97.2% |