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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 | $20,754 | $57,541-63.9% | $95,728-78.3% | $75,181-72.4% |
| Participation rate | 30.3% | 62.5%-32.2pp | 72.3%-42.0pp | 67.2%-36.9pp |
| Annual return | 20.10% | 34.93%-14.8pp | 28.40%-8.3pp | 160.69%-140.6pp |
| Employer contribution / active EE | $998 | $1,808-44.8% | $2,835-64.8% | $2,671-62.6% |
| Participant deferral / active EE | $706 | $3,074-77.0% | $4,245-83.4% | $4,126-82.9% |
| Admin fee / account holder | $267 | $4,099-93.5% | $5,673-95.3% | $5,650-95.3% |