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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 | $29,576 | $109,344-73.0% | $89,400-66.9% | $158,950-81.4% |
| Participation rate | 30.0% | 74.3%-44.3pp | 68.0%-38.0pp | 82.0%-52.0pp |
| Annual return | 18.93% | 345.73%-326.8pp | 245.64%-226.7pp | 302.91%-284.0pp |
| Employer contribution / active EE | $765 | $3,170-75.9% | $2,586-70.4% | $4,762-83.9% |
| Participant deferral / active EE | $781 | $4,599-83.0% | $3,890-79.9% | $5,983-87.0% |
| Admin fee / account holder | $21 | $6,154-99.7% | $4,882-99.6% | $11,248-99.8% |