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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 | $21,727 | $115,911-81.3% | $100,530-78.4% | $158,950-86.3% |
| Participation rate | 60.0% | 81.6%-21.6pp | 79.4%-19.4pp | 82.0%-22.0pp |
| Annual return | 34.81% | 34.80%0pp | 30.89%+3.9pp | 302.91%-268.1pp |
| Employer contribution / active EE | $654 | $4,104-84.1% | $3,418-80.9% | $4,762-86.3% |
| Participant deferral / active EE | $860 | $6,676-87.1% | $6,271-86.3% | $5,983-85.6% |
| Admin fee / account holder | $63 | $10,999-99.4% | $8,083-99.2% | $11,248-99.4% |