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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 | $51,119 | $102,429-50.1% | $147,096-65.2% | $80,925-36.8% |
| Participation rate | 54.8% | 75.9%-21.0pp | 82.2%-27.3pp | 67.7%-12.8pp |
| Annual return | 12.56% | 135.02%-122.5pp | 419.75%-407.2pp | 35.65%-23.1pp |
| Employer contribution / active EE | $2,640 | $3,716-29.0% | $4,936-46.5% | $2,756-4.2% |
| Participant deferral / active EE | $2,330 | $6,649-65.0% | $8,071-71.1% | $4,299-45.8% |
| Admin fee / account holder | $136 | $7,957-98.3% | $13,005-99.0% | $6,940-98.0% |