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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 | $10,847 | $107,809-89.9% | $97,032-88.8% | $155,188-93.0% |
| Participation rate | 57.1% | 75.5%-18.3pp | 71.6%-14.4pp | 80.8%-23.7pp |
| Annual return | 16.20% | 38.06%-21.9pp | 35.38%-19.2pp | 148.84%-132.6pp |
| Employer contribution / active EE | $766 | $2,911-73.7% | $2,629-70.9% | $4,248-82.0% |
| Participant deferral / active EE | $865 | $5,129-83.1% | $4,672-81.5% | $6,531-86.8% |
| Admin fee / account holder | $41 | $10,717-99.6% | $9,418-99.6% | $14,480-99.7% |