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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 | $46,585 | $167,522-72.2% | $151,639-69.3% | $134,532-65.4% |
| Participation rate | 25.0% | 88.4%-63.4pp | 87.5%-62.5pp | 81.2%-56.2pp |
| Annual return | -17.23% | 7.81%-25.0pp | 3.34%-20.6pp | 418.27%-435.5pp |
| Employer contribution / active EE | $1,877 | $6,828-72.5% | $6,165-69.6% | $4,741-60.4% |
| Participant deferral / active EE | $655 | $8,986-92.7% | $8,363-92.2% | $6,401-89.8% |
| Admin fee / account holder | $199 | $13,780-98.6% | $11,613-98.3% | $11,429-98.3% |