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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 | $21,098 | $108,911-80.6% | $100,392-79.0% | $145,884-85.5% |
| Participation rate | 23.5% | 83.0%-59.4pp | 81.5%-58.0pp | 80.3%-56.8pp |
| Annual return | 12.07% | 58.23%-46.2pp | 49.45%-37.4pp | 551.85%-539.8pp |
| Employer contribution / active EE | $844 | $4,420-80.9% | $3,941-78.6% | $4,662-81.9% |
| Participant deferral / active EE | $1,309 | $8,459-84.5% | $8,090-83.8% | $6,690-80.4% |
| Admin fee / account holder | $213 | $9,698-97.8% | $7,904-97.3% | $13,392-98.4% |