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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 | $29,094 | $118,708-75.5% | $98,920-70.6% | $158,966-81.7% |
| Participation rate | 45.5% | 77.8%-32.4pp | 76.0%-30.6pp | 82.0%-36.5pp |
| Annual return | 11.98% | 372.49%-360.5pp | 196.47%-184.5pp | 302.95%-291.0pp |
| Employer contribution / active EE | $565 | $3,334-83.0% | $2,689-79.0% | $4,762-88.1% |
| Participant deferral / active EE | $730 | $5,089-85.7% | $4,245-82.8% | $5,983-87.8% |
| Admin fee / account holder | $23 | $10,134-99.8% | $6,643-99.6% | $11,250-99.8% |