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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 | $29,354 | $81,208-63.9% | $98,920-70.3% | $79,852-63.2% |
| Participation rate | 63.9% | 72.5%-8.6pp | 76.0%-12.1pp | 69.6%-5.7pp |
| Annual return | 12.51% | 60.99%-48.5pp | 196.47%-184.0pp | 31.72%-19.2pp |
| Employer contribution / active EE | $597 | $1,960-69.5% | $2,689-77.8% | $2,471-75.8% |
| Participant deferral / active EE | $1,194 | $3,265-63.4% | $4,245-71.9% | $3,740-68.1% |
| Admin fee / account holder | $295 | $6,013-95.1% | $6,643-95.6% | $5,306-94.4% |