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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 | $108,882-90.0% | $96,754-88.8% | $154,746-93.0% |
| Participation rate | 57.1% | 75.1%-17.9pp | 70.3%-13.1pp | 80.7%-23.6pp |
| Annual return | 16.20% | 98.39%-82.2pp | 82.04%-65.8pp | 172.34%-156.1pp |
| Employer contribution / active EE | $766 | $3,018-74.6% | $2,679-71.4% | $4,379-82.5% |
| Participant deferral / active EE | $865 | $5,323-83.7% | $4,758-81.8% | $6,730-87.1% |
| Admin fee / account holder | $41 | $10,200-99.6% | $8,905-99.5% | $14,365-99.7% |