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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 | $53,537 | $167,415-68.0% | $140,514-61.9% | $198,609-73.0% |
| Participation rate | 66.7% | 80.9%-14.2pp | 77.8%-11.1pp | 82.4%-15.7pp |
| Annual return | 12.24% | 13.85%-1.6pp | 14.36%-2.1pp | 202.70%-190.5pp |
| Employer contribution / active EE | $1,290 | $4,088-68.5% | $3,378-61.8% | $5,055-74.5% |
| Participant deferral / active EE | $2,056 | $5,579-63.1% | $4,919-58.2% | $6,977-70.5% |
| Admin fee / account holder | $66 | $16,730-99.6% | $13,697-99.5% | $19,030-99.7% |