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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 | $85,794 | $94,439-9.2% | $73,658+16.5% | $154,746-44.6% |
| Participation rate | 25.0% | 64.7%-39.7pp | 57.0%-32.0pp | 80.7%-55.7pp |
| Annual return | 16.85% | 28.25%-11.4pp | 29.72%-12.9pp | 172.34%-155.5pp |
| Employer contribution / active EE | $231 | $1,257-81.6% | $1,032-77.6% | $4,379-94.7% |
| Participant deferral / active EE | $261 | $2,527-89.7% | $2,062-87.3% | $6,730-96.1% |
| Admin fee / account holder | $20 | $3,843-99.5% | $3,357-99.4% | $14,365-99.9% |