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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 | $22,987 | $227,597-89.9% | $189,575-87.9% | $167,536-86.3% |
| Participation rate | 50.0% | 82.5%-32.5pp | 78.4%-28.4pp | 82.1%-32.1pp |
| Annual return | 21.29% | 78.44%-57.1pp | 64.19%-42.9pp | 478.82%-457.5pp |
| Employer contribution / active EE | $659 | $5,316-87.6% | $4,412-85.1% | $4,839-86.4% |
| Participant deferral / active EE | $1,283 | $7,002-81.7% | $6,174-79.2% | $6,342-79.8% |
| Admin fee / account holder | $5 | $11,877-100.0% | $9,806-100.0% | $12,315-100.0% |