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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 | $27,960 | $148,623-81.2% | $135,974-79.4% | $139,466-80.0% |
| Participation rate | 50.0% | 83.9%-33.9pp | 81.9%-31.9pp | 80.3%-30.3pp |
| Annual return | 21.82% | 79.30%-57.5pp | 68.30%-46.5pp | 373.66%-351.8pp |
| Employer contribution / active EE | $1,808 | $5,246-65.5% | $4,859-62.8% | $4,754-62.0% |
| Participant deferral / active EE | $2,050 | $8,103-74.7% | $7,760-73.6% | $6,712-69.5% |
| Admin fee / account holder | $261 | $12,406-97.9% | $10,767-97.6% | $11,409-97.7% |