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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 | $22,077 | $63,365-65.2% | $91,994-76.0% | $72,976-69.7% |
| Participation rate | 40.4% | 72.5%-32.1pp | 78.6%-38.2pp | 69.5%-29.1pp |
| Annual return | 25.30% | 35.35%-10.0pp | 69.04%-43.7pp | 81.02%-55.7pp |
| Employer contribution / active EE | $1,522 | $2,116-28.1% | $3,453-55.9% | $2,440-37.6% |
| Participant deferral / active EE | $1,890 | $4,883-61.3% | $5,924-68.1% | $3,608-47.6% |
| Admin fee / account holder | $70 | $4,670-98.5% | $7,744-99.1% | $5,124-98.6% |