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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 | $51,001 | $93,598-45.5% | $135,974-62.5% | $75,173-32.2% |
| Participation rate | 59.5% | 75.2%-15.7pp | 81.9%-22.5pp | 67.2%-7.7pp |
| Annual return | 22.31% | 30.89%-8.6pp | 68.30%-46.0pp | 160.72%-138.4pp |
| Employer contribution / active EE | $1,627 | $3,538-54.0% | $4,859-66.5% | $2,671-39.1% |
| Participant deferral / active EE | $2,077 | $6,405-67.6% | $7,760-73.2% | $4,126-49.7% |
| Admin fee / account holder | $124 | $6,978-98.2% | $10,767-98.8% | $5,651-97.8% |