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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 | $91,338 | $124,330-26.5% | $109,173-16.3% | $167,536-45.5% |
| Participation rate | 50.0% | 79.5%-29.5pp | 75.9%-25.9pp | 82.1%-32.1pp |
| Annual return | 10.66% | 26.04%-15.4pp | 25.75%-15.1pp | 478.82%-468.2pp |
| Employer contribution / active EE | $877 | $4,209-79.2% | $3,723-76.4% | $4,839-81.9% |
| Participant deferral / active EE | $1,078 | $5,256-79.5% | $4,654-76.8% | $6,342-83.0% |
| Admin fee / account holder | $20 | $7,974-99.7% | $6,755-99.7% | $12,315-99.8% |