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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 | $19,614 | $88,996-78.0% | $78,004-74.9% | $138,895-85.9% |
| Participation rate | 57.1% | 74.4%-17.2pp | 69.4%-12.3pp | 79.9%-22.8pp |
| Annual return | 19.61% | 28.03%-8.4pp | 31.07%-11.5pp | 145.39%-125.8pp |
| Employer contribution / active EE | $938 | $2,917-67.9% | $2,469-62.0% | $4,194-77.6% |
| Participant deferral / active EE | $1,021 | $4,724-78.4% | $4,092-75.0% | $6,396-84.0% |
| Admin fee / account holder | $151 | $8,807-98.3% | $7,578-98.0% | $12,562-98.8% |