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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 | $22,453 | $77,816-71.1% | $123,552-81.8% | $64,173-65.0% |
| Participation rate | 42.1% | 74.7%-32.6pp | 82.3%-40.2pp | 69.6%-27.5pp |
| Annual return | 5.04% | 12.49%-7.4pp | 119.20%-114.2pp | 7.63%-2.6pp |
| Employer contribution / active EE | $918 | $3,014-69.6% | $4,628-80.2% | $2,381-61.5% |
| Participant deferral / active EE | $1,369 | $5,240-73.9% | $6,426-78.7% | $3,470-60.5% |
| Admin fee / account holder | $30 | $5,519-99.5% | $9,285-99.7% | $4,887-99.4% |