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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 | $59,406 | $98,760-39.8% | $149,715-60.3% | $79,858-25.6% |
| Participation rate | 33.3% | 75.8%-42.4pp | 82.5%-49.1pp | 69.6%-36.3pp |
| Annual return | 15.14% | 27.43%-12.3pp | 276.66%-261.5pp | 31.72%-16.6pp |
| Employer contribution / active EE | $625 | $3,217-80.6% | $4,645-86.6% | $2,471-74.7% |
| Participant deferral / active EE | $776 | $5,681-86.3% | $6,842-88.7% | $3,740-79.3% |
| Admin fee / account holder | $268 | $6,053-95.6% | $9,310-97.1% | $5,306-94.9% |