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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 | $75,113 | $215,361-65.1% | $171,082-56.1% | $273,972-72.6% |
| Participation rate | 33.3% | 82.0%-48.7pp | 76.7%-43.4pp | 83.0%-49.7pp |
| Annual return | 4.52% | 25.14%-20.6pp | 32.56%-28.0pp | 41.46%-36.9pp |
| Employer contribution / active EE | $713 | $4,967-85.6% | $4,002-82.2% | $4,869-85.3% |
| Participant deferral / active EE | $720 | $5,543-87.0% | $4,797-85.0% | $5,287-86.4% |
| Admin fee / account holder | $50 | $10,846-99.5% | $8,520-99.4% | $10,133-99.5% |