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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 | $22,935 | $108,912-78.9% | $100,383-77.2% | $145,959-84.3% |
| Participation rate | 66.7% | 83.0%-16.3pp | 81.5%-14.8pp | 80.3%-13.6pp |
| Annual return | 10.97% | 57.96%-47.0pp | 49.26%-38.3pp | 561.95%-551.0pp |
| Employer contribution / active EE | $1,391 | $4,423-68.5% | $3,944-64.7% | $4,661-70.1% |
| Participant deferral / active EE | $1,640 | $8,451-80.6% | $8,086-79.7% | $6,689-75.5% |
| Admin fee / account holder | $49 | $9,690-99.5% | $7,900-99.4% | $13,398-99.6% |