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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 | $23,585 | $72,273-67.4% | $101,275-76.7% | $79,856-70.5% |
| Participation rate | 55.3% | 68.5%-13.2pp | 75.8%-20.5pp | 69.6%-14.4pp |
| Annual return | 19.79% | 22.30%-2.5pp | 46.48%-26.7pp | 31.71%-11.9pp |
| Employer contribution / active EE | $3,088 | $2,691+14.7% | $3,660-15.6% | $2,471+24.9% |
| Participant deferral / active EE | $826 | $3,282-74.8% | $4,371-81.1% | $3,741-77.9% |
| Admin fee / account holder | $94 | $4,401-97.9% | $5,948-98.4% | $5,306-98.2% |