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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 | $7,753 | $114,013-93.2% | $103,693-92.5% | $155,188-95.0% |
| Participation rate | 53.8% | 75.2%-21.4pp | 72.6%-18.8pp | 80.8%-27.0pp |
| Annual return | 21.09% | 49.31%-28.2pp | 47.61%-26.5pp | 148.84%-127.7pp |
| Employer contribution / active EE | $313 | $3,131-90.0% | $2,920-89.3% | $4,248-92.6% |
| Participant deferral / active EE | $1,058 | $4,970-78.7% | $4,579-76.9% | $6,531-83.8% |
| Admin fee / account holder | $157 | $8,407-98.1% | $7,858-98.0% | $14,480-98.9% |