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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 | $24,217 | $75,963-68.1% | $97,995-75.3% | $70,126-65.5% |
| Participation rate | 38.5% | 77.0%-38.5pp | 82.4%-43.9pp | 69.5%-31.1pp |
| Annual return | 25.07% | 19.26%+5.8pp | 23.94%+1.1pp | 73.15%-48.1pp |
| Employer contribution / active EE | $1,362 | $3,278-58.5% | $4,158-67.3% | $2,343-41.9% |
| Participant deferral / active EE | $901 | $4,053-77.8% | $5,097-82.3% | $3,332-72.9% |
| Admin fee / account holder | $0 | $5,407-100.0% | $5,943-100.0% | $4,645-100.0% |