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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 | $40,407 | $126,661-68.1% | $113,397-64.4% | $138,895-70.9% |
| Participation rate | 28.6% | 79.4%-50.9pp | 76.5%-47.9pp | 79.9%-51.3pp |
| Annual return | 21.87% | 25.05%-3.2pp | 23.20%-1.3pp | 145.39%-123.5pp |
| Employer contribution / active EE | $874 | $3,456-74.7% | $2,977-70.6% | $4,194-79.2% |
| Participant deferral / active EE | $1,268 | $5,693-77.7% | $5,076-75.0% | $6,396-80.2% |
| Admin fee / account holder | $270 | $14,549-98.1% | $11,957-97.7% | $12,562-97.8% |