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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 | $50,605 | $106,588-52.5% | $94,215-46.3% | $155,188-67.4% |
| Participation rate | 66.7% | 74.3%-7.6pp | 70.0%-3.3pp | 80.8%-14.1pp |
| Annual return | 6.91% | 29.39%-22.5pp | 28.22%-21.3pp | 148.84%-141.9pp |
| Employer contribution / active EE | $756 | $3,080-75.5% | $2,675-71.8% | $4,248-82.2% |
| Participant deferral / active EE | $994 | $4,802-79.3% | $4,276-76.7% | $6,531-84.8% |
| Admin fee / account holder | $46 | $12,281-99.6% | $10,216-99.5% | $14,480-99.7% |