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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 | $25,528 | $228,352-88.8% | $185,827-86.3% | $158,950-83.9% |
| Participation rate | 40.0% | 82.3%-42.3pp | 78.0%-38.0pp | 82.0%-42.0pp |
| Annual return | 24.21% | 40.81%-16.6pp | 35.96%-11.7pp | 302.91%-278.7pp |
| Employer contribution / active EE | $1,210 | $4,967-75.6% | $4,087-70.4% | $4,762-74.6% |
| Participant deferral / active EE | $1,210 | $6,416-81.1% | $5,633-78.5% | $5,983-79.8% |
| Admin fee / account holder | $65 | $11,867-99.5% | $9,502-99.3% | $11,248-99.4% |