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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 | $26,040 | $103,393-74.8% | $87,103-70.1% | $152,909-83.0% |
| Participation rate | 33.3% | 79.4%-46.0pp | 76.9%-43.5pp | 82.5%-49.1pp |
| Annual return | 24.04% | 28.10%-4.1pp | 28.19%-4.2pp | 345.46%-321.4pp |
| Employer contribution / active EE | $1,470 | $3,221-54.4% | $2,521-41.7% | $4,764-69.2% |
| Participant deferral / active EE | $857 | $4,778-82.1% | $4,049-78.8% | $5,851-85.4% |
| Admin fee / account holder | $19 | $12,195-99.8% | $7,491-99.7% | $11,601-99.8% |