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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 | $106,894-77.4% | $84,016-71.3% | $152,870-84.2% |
| Participation rate | 12.5% | 75.2%-62.7pp | 69.0%-56.5pp | 82.4%-69.9pp |
| Annual return | 31.22% | 104.99%-73.8pp | 71.31%-40.1pp | 345.34%-314.1pp |
| Employer contribution / active EE | $510 | $2,734-81.3% | $1,983-74.3% | $4,763-89.3% |
| Participant deferral / active EE | $765 | $4,011-80.9% | $3,239-76.4% | $5,850-86.9% |
| Admin fee / account holder | $138 | $8,286-98.3% | $6,101-97.7% | $11,597-98.8% |