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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 | $30,722 | $95,895-68.0% | $79,576-61.4% | $134,509-77.2% |
| Participation rate | 38.5% | 75.0%-36.6pp | 69.5%-31.0pp | 81.2%-42.8pp |
| Annual return | 28.62% | -2.72%+31.3pp | 0.15%+28.5pp | 418.13%-389.5pp |
| Employer contribution / active EE | $721 | $3,128-77.0% | $2,413-70.1% | $4,741-84.8% |
| Participant deferral / active EE | $771 | $4,693-83.6% | $3,985-80.7% | $6,400-88.0% |
| Admin fee / account holder | $20 | $9,129-99.8% | $6,834-99.7% | $11,427-99.8% |