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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 | $23,412 | $156,398-85.0% | $147,318-84.1% | $138,895-83.1% |
| Participation rate | 40.0% | 83.8%-43.8pp | 82.1%-42.1pp | 79.9%-39.9pp |
| Annual return | 15.95% | 78.75%-62.8pp | 70.43%-54.5pp | 145.39%-129.4pp |
| Employer contribution / active EE | $1,464 | $4,853-69.8% | $4,593-68.1% | $4,194-65.1% |
| Participant deferral / active EE | $1,515 | $8,237-81.6% | $7,906-80.8% | $6,396-76.3% |
| Admin fee / account holder | $44 | $14,976-99.7% | $13,708-99.7% | $12,562-99.7% |