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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 | $142,354-79.2% | $125,529-76.4% | $155,188-80.9% |
| Participation rate | 37.5% | 78.1%-40.6pp | 74.7%-37.2pp | 80.8%-43.3pp |
| Annual return | 20.94% | 306.06%-285.1pp | 202.56%-181.6pp | 148.84%-127.9pp |
| Employer contribution / active EE | $954 | $3,501-72.8% | $3,058-68.8% | $4,248-77.5% |
| Participant deferral / active EE | $1,294 | $5,491-76.4% | $4,813-73.1% | $6,531-80.2% |
| Admin fee / account holder | $0 | $19,392-100.0% | $16,298-100.0% | $14,480-100.0% |