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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 | $59,618 | $78,425-24.0% | $95,956-37.9% | $79,858-25.3% |
| Participation rate | 60.0% | 73.5%-13.5pp | 77.1%-17.1pp | 69.6%-9.6pp |
| Annual return | 26.56% | 19.37%+7.2pp | 91.63%-65.1pp | 31.72%-5.2pp |
| Employer contribution / active EE | $533 | $1,945-72.6% | $2,541-79.0% | $2,471-78.4% |
| Participant deferral / active EE | $1,384 | $3,440-59.8% | $4,167-66.8% | $3,740-63.0% |
| Admin fee / account holder | $42 | $5,622-99.3% | $6,797-99.4% | $5,306-99.2% |