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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 | $66,795 | $124,330-46.3% | $109,173-38.8% | $167,536-60.1% |
| Participation rate | 57.1% | 79.5%-22.3pp | 75.9%-18.7pp | 82.1%-25.0pp |
| Annual return | 15.90% | 26.04%-10.1pp | 25.75%-9.9pp | 478.82%-462.9pp |
| Employer contribution / active EE | $5,000 | $4,209+18.8% | $3,723+34.3% | $4,839+3.3% |
| Participant deferral / active EE | $377 | $5,256-92.8% | $4,654-91.9% | $6,342-94.1% |
| Admin fee / account holder | $15 | $7,974-99.8% | $6,755-99.8% | $12,315-99.9% |