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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 | $77,664 | $166,268-53.3% | $165,100-53.0% | $145,897-46.8% |
| Participation rate | 66.7% | 82.0%-15.4pp | 78.6%-12.0pp | 80.3%-13.6pp |
| Annual return | 10.70% | 100.52%-89.8pp | 70.21%-59.5pp | 552.29%-541.6pp |
| Employer contribution / active EE | $1,955 | $5,284-63.0% | $4,348-55.0% | $4,663-58.1% |
| Participant deferral / active EE | $1,986 | $6,964-71.5% | $6,035-67.1% | $6,689-70.3% |
| Admin fee / account holder | $16 | $16,659-99.9% | $12,696-99.9% | $13,390-99.9% |