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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 | $38,613 | $57,590-33.0% | $86,233-55.2% | $82,448-53.2% |
| Participation rate | 13.5% | 57.9%-44.4pp | 69.0%-55.5pp | 68.1%-54.6pp |
| Annual return | 19.07% | 22.41%-3.3pp | 61.39%-42.3pp | 41.64%-22.6pp |
| Employer contribution / active EE | $829 | $1,655-49.9% | $2,504-66.9% | $2,551-67.5% |
| Participant deferral / active EE | $353 | $3,080-88.5% | $4,559-92.3% | $4,139-91.5% |
| Admin fee / account holder | $9 | $4,730-99.8% | $8,342-99.9% | $7,234-99.9% |