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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 | $24,113 | $106,923-77.4% | $84,023-71.3% | $152,909-84.2% |
| Participation rate | 12.5% | 75.3%-62.8pp | 69.0%-56.5pp | 82.5%-70.0pp |
| Annual return | 31.22% | 105.02%-73.8pp | 71.32%-40.1pp | 345.46%-314.2pp |
| Employer contribution / active EE | $510 | $2,735-81.3% | $1,984-74.3% | $4,764-89.3% |
| Participant deferral / active EE | $765 | $4,013-80.9% | $3,239-76.4% | $5,851-86.9% |
| Admin fee / account holder | $138 | $8,289-98.3% | $6,102-97.7% | $11,601-98.8% |