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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 | $27,133 | $98,766-72.5% | $149,730-81.9% | $79,852-66.0% |
| Participation rate | 47.1% | 75.8%-28.7pp | 82.5%-35.4pp | 69.6%-22.6pp |
| Annual return | 18.24% | 27.43%-9.2pp | 276.70%-258.5pp | 31.72%-13.5pp |
| Employer contribution / active EE | $1,100 | $3,217-65.8% | $4,645-76.3% | $2,471-55.5% |
| Participant deferral / active EE | $1,286 | $5,681-77.4% | $6,843-81.2% | $3,740-65.6% |
| Admin fee / account holder | $0 | $6,052-100.0% | $9,310-100.0% | $5,306-100.0% |