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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 | $26,368 | $64,324-59.0% | $118,914-77.8% | $79,856-67.0% |
| Participation rate | 52.8% | 64.9%-12.1pp | 75.4%-22.6pp | 69.6%-16.9pp |
| Annual return | 18.02% | 86.45%-68.4pp | 35.89%-17.9pp | 31.71%-13.7pp |
| Employer contribution / active EE | $833 | $1,836-54.6% | $3,264-74.5% | $2,471-66.3% |
| Participant deferral / active EE | $1,041 | $2,824-63.1% | $4,266-75.6% | $3,741-72.2% |
| Admin fee / account holder | $222 | $4,040-94.5% | $6,582-96.6% | $5,306-95.8% |