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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 | $24,690 | $126,661-80.5% | $113,397-78.2% | $138,895-82.2% |
| Participation rate | 42.9% | 79.4%-36.6pp | 76.5%-33.6pp | 79.9%-37.1pp |
| Annual return | 15.12% | 25.05%-9.9pp | 23.20%-8.1pp | 145.39%-130.3pp |
| Employer contribution / active EE | $1,049 | $3,456-69.6% | $2,977-64.8% | $4,194-75.0% |
| Participant deferral / active EE | $1,799 | $5,693-68.4% | $5,076-64.6% | $6,396-71.9% |
| Admin fee / account holder | $98 | $14,549-99.3% | $11,957-99.2% | $12,562-99.2% |