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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 | $31,070 | $85,766-63.8% | $136,297-77.2% | $70,131-55.7% |
| Participation rate | 36.1% | 74.2%-38.0pp | 81.9%-45.8pp | 69.5%-33.4pp |
| Annual return | 15.81% | 31.45%-15.6pp | 5156.16%-5140.3pp | 73.14%-57.3pp |
| Employer contribution / active EE | $861 | $2,966-71.0% | $4,696-81.7% | $2,342-63.2% |
| Participant deferral / active EE | $1,927 | $5,051-61.8% | $6,247-69.1% | $3,332-42.1% |
| Admin fee / account holder | $272 | $5,420-95.0% | $9,244-97.1% | $4,645-94.2% |