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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 | $17,936 | $105,160-82.9% | $94,679-81.1% | $139,456-87.1% |
| Participation rate | 66.7% | 82.4%-15.7pp | 80.8%-14.2pp | 80.3%-13.7pp |
| Annual return | 16.71% | 38.04%-21.3pp | 156.75%-140.0pp | 373.45%-356.7pp |
| Employer contribution / active EE | $1,550 | $4,107-62.3% | $3,673-57.8% | $4,753-67.4% |
| Participant deferral / active EE | $1,859 | $7,599-75.5% | $7,417-74.9% | $6,711-72.3% |
| Admin fee / account holder | $41 | $8,988-99.5% | $7,233-99.4% | $11,407-99.6% |