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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 | $75,365 | $100,073-24.7% | $85,126-11.5% | $145,877-48.3% |
| Participation rate | 20.0% | 74.1%-54.1pp | 67.5%-47.5pp | 80.3%-60.3pp |
| Annual return | 10.96% | 84.11%-73.2pp | 66.63%-55.7pp | 551.28%-540.3pp |
| Employer contribution / active EE | $540 | $3,236-83.3% | $2,731-80.2% | $4,663-88.4% |
| Participant deferral / active EE | $841 | $5,294-84.1% | $4,523-81.4% | $6,691-87.4% |
| Admin fee / account holder | $96 | $7,261-98.7% | $6,160-98.4% | $13,402-99.3% |