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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 | $16,994 | $151,427-88.8% | $112,860-84.9% | $154,746-89.0% |
| Participation rate | 62.5% | 69.1%-6.6pp | 66.3%-3.8pp | 80.7%-18.2pp |
| Annual return | 15.12% | 30.95%-15.8pp | 35.26%-20.1pp | 172.34%-157.2pp |
| Employer contribution / active EE | $310 | $2,750-88.7% | $2,206-86.0% | $4,379-92.9% |
| Participant deferral / active EE | $495 | $4,285-88.4% | $3,493-85.8% | $6,730-92.6% |
| Admin fee / account holder | $187 | $7,369-97.5% | $6,841-97.3% | $14,365-98.7% |