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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 | $39,770 | $90,745-56.2% | $130,231-69.5% | $75,173-47.1% |
| Participation rate | 38.3% | 71.1%-32.8pp | 76.3%-38.0pp | 67.2%-28.9pp |
| Annual return | 20.10% | 34.45%-14.4pp | 38.86%-18.8pp | 160.72%-140.6pp |
| Employer contribution / active EE | $986 | $3,314-70.3% | $4,126-76.1% | $2,671-63.1% |
| Participant deferral / active EE | $1,746 | $5,362-67.4% | $6,799-74.3% | $4,126-57.7% |
| Admin fee / account holder | $130 | $6,331-97.9% | $6,020-97.8% | $5,651-97.7% |