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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 | $20,950 | $107,363-80.5% | $92,909-77.5% | $152,897-86.3% |
| Participation rate | 33.3% | 79.8%-46.5pp | 76.0%-42.7pp | 82.5%-49.1pp |
| Annual return | 22.93% | 145.63%-122.7pp | 109.44%-86.5pp | 345.43%-322.5pp |
| Employer contribution / active EE | $765 | $4,222-81.9% | $3,653-79.0% | $4,764-83.9% |
| Participant deferral / active EE | $1,154 | $4,848-76.2% | $4,238-72.8% | $5,851-80.3% |
| Admin fee / account holder | $240 | $7,082-96.6% | $5,795-95.9% | $11,599-97.9% |