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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 | $27,240 | $156,398-82.6% | $147,318-81.5% | $138,895-80.4% |
| Participation rate | 38.9% | 83.8%-44.9pp | 82.1%-43.2pp | 79.9%-41.0pp |
| Annual return | 19.57% | 78.75%-59.2pp | 70.43%-50.9pp | 145.39%-125.8pp |
| Employer contribution / active EE | $1,375 | $4,853-71.7% | $4,593-70.1% | $4,194-67.2% |
| Participant deferral / active EE | $995 | $8,237-87.9% | $7,906-87.4% | $6,396-84.4% |
| Admin fee / account holder | $151 | $14,976-99.0% | $13,708-98.9% | $12,562-98.8% |