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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 | $86,578 | $117,829-26.5% | $102,423-15.5% | $145,877-40.6% |
| Participation rate | 50.0% | 78.6%-28.6pp | 76.5%-26.5pp | 80.3%-30.3pp |
| Annual return | 23.19% | 31.83%-8.6pp | 29.42%-6.2pp | 551.28%-528.1pp |
| Employer contribution / active EE | $885 | $3,615-75.5% | $3,023-70.7% | $4,663-81.0% |
| Participant deferral / active EE | $1,165 | $5,732-79.7% | $5,054-76.9% | $6,691-82.6% |
| Admin fee / account holder | $0 | $13,335-100.0% | $9,455-100.0% | $13,402-100.0% |