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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 | $21,610 | $105,160-79.5% | $94,679-77.2% | $139,456-84.5% |
| Participation rate | 33.3% | 82.4%-49.0pp | 80.8%-47.5pp | 80.3%-47.0pp |
| Annual return | 19.40% | 38.04%-18.6pp | 156.75%-137.4pp | 373.45%-354.1pp |
| Employer contribution / active EE | $654 | $4,107-84.1% | $3,673-82.2% | $4,753-86.2% |
| Participant deferral / active EE | $959 | $7,599-87.4% | $7,417-87.1% | $6,711-85.7% |
| Admin fee / account holder | $95 | $8,988-98.9% | $7,233-98.7% | $11,407-99.2% |