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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 | $138,312-82.1% | $122,979-79.9% | $155,188-84.1% |
| Participation rate | 42.9% | 80.2%-37.3pp | 77.2%-34.3pp | 80.8%-37.9pp |
| Annual return | 15.12% | 22.06%-6.9pp | 20.12%-5.0pp | 148.84%-133.7pp |
| Employer contribution / active EE | $1,049 | $3,530-70.3% | $3,062-65.7% | $4,248-75.3% |
| Participant deferral / active EE | $1,799 | $5,592-67.8% | $5,003-64.0% | $6,531-72.5% |
| Admin fee / account holder | $98 | $15,089-99.4% | $12,864-99.2% | $14,480-99.3% |