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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 | $25,329 | $72,273-65.0% | $101,275-75.0% | $79,856-68.3% |
| Participation rate | 25.4% | 68.5%-43.0pp | 75.8%-50.4pp | 69.6%-44.2pp |
| Annual return | 36.81% | 22.30%+14.5pp | 46.48%-9.7pp | 31.71%+5.1pp |
| Employer contribution / active EE | $773 | $2,691-71.3% | $3,660-78.9% | $2,471-68.7% |
| Participant deferral / active EE | $1,166 | $3,282-64.5% | $4,371-73.3% | $3,741-68.8% |
| Admin fee / account holder | $162 | $4,401-96.3% | $5,948-97.3% | $5,306-97.0% |