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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 | $15,955 | $96,524-83.5% | $75,900-79.0% | $152,909-89.6% |
| Participation rate | 40.0% | 76.2%-36.2pp | 69.3%-29.3pp | 82.5%-42.5pp |
| Annual return | 18.43% | 33.93%-15.5pp | 30.73%-12.3pp | 345.46%-327.0pp |
| Employer contribution / active EE | $631 | $3,311-80.9% | $2,501-74.8% | $4,764-86.8% |
| Participant deferral / active EE | $704 | $4,554-84.5% | $3,604-80.5% | $5,851-88.0% |
| Admin fee / account holder | $60 | $8,082-99.3% | $5,421-98.9% | $11,601-99.5% |