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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 | $29,595 | $132,634-77.7% | $115,768-74.4% | $137,256-78.4% |
| Participation rate | 37.5% | 77.9%-40.4pp | 74.4%-36.9pp | 80.0%-42.5pp |
| Annual return | 20.94% | 160.70%-139.8pp | 100.46%-79.5pp | 220.34%-199.4pp |
| Employer contribution / active EE | $954 | $3,360-71.6% | $2,940-67.6% | $4,156-77.1% |
| Participant deferral / active EE | $1,294 | $5,619-77.0% | $4,917-73.7% | $6,407-79.8% |
| Admin fee / account holder | $0 | $15,028-100.0% | $12,439-100.0% | $12,270-100.0% |