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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 | $23,918 | $97,125-75.4% | $86,233-72.3% | $137,256-82.6% |
| Participation rate | 13.3% | 74.2%-60.9pp | 69.0%-55.7pp | 80.0%-66.6pp |
| Annual return | 19.94% | 74.19%-54.2pp | 61.39%-41.4pp | 220.34%-200.4pp |
| Employer contribution / active EE | $300 | $2,841-89.4% | $2,504-88.0% | $4,156-92.8% |
| Participant deferral / active EE | $365 | $5,180-93.0% | $4,559-92.0% | $6,407-94.3% |
| Admin fee / account holder | $127 | $9,725-98.7% | $8,342-98.5% | $12,270-99.0% |