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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 | $32,747 | $157,296-79.2% | $141,191-76.8% | $152,897-78.6% |
| Participation rate | 62.5% | 84.8%-22.3pp | 82.5%-20.0pp | 82.5%-20.0pp |
| Annual return | 17.71% | 64.34%-46.6pp | 71.41%-53.7pp | 345.43%-327.7pp |
| Employer contribution / active EE | $1,244 | $5,262-76.4% | $4,736-73.7% | $4,764-73.9% |
| Participant deferral / active EE | $1,250 | $7,111-82.4% | $6,710-81.4% | $5,851-78.6% |
| Admin fee / account holder | $288 | $12,125-97.6% | $10,264-97.2% | $11,599-97.5% |