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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 | $17,352 | $110,410-84.3% | $102,437-83.1% | $145,897-88.1% |
| Participation rate | 46.7% | 77.9%-31.3pp | 74.5%-27.8pp | 80.3%-33.6pp |
| Annual return | 13.06% | 24.85%-11.8pp | 24.95%-11.9pp | 552.29%-539.2pp |
| Employer contribution / active EE | $881 | $4,217-79.1% | $3,871-77.2% | $4,663-81.1% |
| Participant deferral / active EE | $1,223 | $5,622-78.3% | $5,060-75.8% | $6,689-81.7% |
| Admin fee / account holder | $133 | $9,745-98.6% | $8,388-98.4% | $13,390-99.0% |