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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 | $110,379-84.3% | $102,412-83.1% | $145,884-88.1% |
| Participation rate | 46.7% | 77.9%-31.3pp | 74.5%-27.8pp | 80.3%-33.6pp |
| Annual return | 13.06% | 24.84%-11.8pp | 24.94%-11.9pp | 551.85%-538.8pp |
| Employer contribution / active EE | $881 | $4,216-79.1% | $3,870-77.2% | $4,662-81.1% |
| Participant deferral / active EE | $1,223 | $5,622-78.3% | $5,060-75.8% | $6,690-81.7% |
| Admin fee / account holder | $133 | $9,745-98.6% | $8,388-98.4% | $13,392-99.0% |