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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 | $35,909 | $97,289-63.1% | $92,805-61.3% | $155,188-76.9% |
| Participation rate | 25.0% | 84.2%-59.2pp | 83.5%-58.5pp | 80.8%-55.8pp |
| Annual return | 26.90% | 29.03%-2.1pp | 31.59%-4.7pp | 148.84%-121.9pp |
| Employer contribution / active EE | $942 | $3,632-74.1% | $3,424-72.5% | $4,248-77.8% |
| Participant deferral / active EE | $1,550 | $8,795-82.4% | $8,448-81.7% | $6,531-76.3% |
| Admin fee / account holder | $60 | $12,015-99.5% | $10,911-99.5% | $14,480-99.6% |