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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 | $19,348 | $96,508-80.0% | $75,901-74.5% | $152,897-87.3% |
| Participation rate | 30.0% | 76.2%-46.2pp | 69.3%-39.3pp | 82.5%-52.5pp |
| Annual return | 55.86% | 33.99%+21.9pp | 30.76%+25.1pp | 345.43%-289.6pp |
| Employer contribution / active EE | $715 | $3,310-78.4% | $2,501-71.4% | $4,764-85.0% |
| Participant deferral / active EE | $891 | $4,554-80.4% | $3,603-75.3% | $5,851-84.8% |
| Admin fee / account holder | $85 | $8,081-99.0% | $5,420-98.4% | $11,599-99.3% |