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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 | $47,289 | $157,296-69.9% | $141,191-66.5% | $152,897-69.1% |
| Participation rate | 54.5% | 84.8%-30.3pp | 82.5%-27.9pp | 82.5%-27.9pp |
| Annual return | 19.26% | 64.34%-45.1pp | 71.41%-52.2pp | 345.43%-326.2pp |
| Employer contribution / active EE | $995 | $5,262-81.1% | $4,736-79.0% | $4,764-79.1% |
| Participant deferral / active EE | $1,895 | $7,111-73.3% | $6,710-71.8% | $5,851-67.6% |
| Admin fee / account holder | $107 | $12,125-99.1% | $10,264-99.0% | $11,599-99.1% |