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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 | $14,628 | $97,125-84.9% | $86,233-83.0% | $137,256-89.3% |
| Participation rate | 20.0% | 74.2%-54.2pp | 69.0%-49.0pp | 80.0%-60.0pp |
| Annual return | 29.96% | 74.19%-44.2pp | 61.39%-31.4pp | 220.34%-190.4pp |
| Employer contribution / active EE | $717 | $2,841-74.8% | $2,504-71.4% | $4,156-82.7% |
| Participant deferral / active EE | $765 | $5,180-85.2% | $4,559-83.2% | $6,407-88.1% |
| Admin fee / account holder | $114 | $9,725-98.8% | $8,342-98.6% | $12,270-99.1% |