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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 | $34,506 | $86,288-60.0% | $111,306-69.0% | $85,851-59.8% |
| Participation rate | 32.6% | 73.3%-40.7pp | 77.3%-44.7pp | 69.3%-36.7pp |
| Annual return | 21.66% | 19.99%+1.7pp | 54.67%-33.0pp | 318.63%-297.0pp |
| Employer contribution / active EE | $0 | $2,044-100.0% | $2,732-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $994 | $3,641-72.7% | $4,488-77.9% | $3,952-74.9% |
| Admin fee / account holder | $118 | $8,189-98.6% | $7,966-98.5% | $6,261-98.1% |