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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 | $60,442-36.1% | $96,754-60.1% | $87,485-55.9% |
| Participation rate | 13.5% | 58.7%-45.2pp | 70.3%-56.8pp | 68.9%-55.4pp |
| Annual return | 19.07% | 21.97%-2.9pp | 82.04%-63.0pp | 26.06%-7.0pp |
| Employer contribution / active EE | $829 | $1,691-51.0% | $2,679-69.1% | $2,596-68.1% |
| Participant deferral / active EE | $353 | $3,280-89.2% | $4,758-92.6% | $4,274-91.7% |
| Admin fee / account holder | $9 | $5,069-99.8% | $8,905-99.9% | $7,775-99.9% |