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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 | $48,094 | $110,410-56.4% | $102,437-53.1% | $145,897-67.0% |
| Participation rate | 52.2% | 77.9%-25.8pp | 74.5%-22.3pp | 80.3%-28.1pp |
| Annual return | 11.81% | 24.85%-13.0pp | 24.95%-13.1pp | 552.29%-540.5pp |
| Employer contribution / active EE | $1,096 | $4,217-74.0% | $3,871-71.7% | $4,663-76.5% |
| Participant deferral / active EE | $1,329 | $5,622-76.4% | $5,060-73.7% | $6,689-80.1% |
| Admin fee / account holder | $64 | $9,745-99.3% | $8,388-99.2% | $13,390-99.5% |