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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 | $41,270 | $89,364-53.8% | $141,177-70.8% | $72,983-43.5% |
| Participation rate | 68.0% | 75.1%-7.1pp | 82.5%-14.5pp | 69.5%-1.5pp |
| Annual return | 23.06% | 111.86%-88.8pp | 71.40%-48.3pp | 81.01%-57.9pp |
| Employer contribution / active EE | $777 | $3,115-75.1% | $4,736-83.6% | $2,440-68.2% |
| Participant deferral / active EE | $2,247 | $5,419-58.5% | $6,710-66.5% | $3,608-37.7% |
| Admin fee / account holder | $176 | $5,959-97.0% | $10,263-98.3% | $5,124-96.6% |