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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 | $29,001 | $115,225-74.8% | $100,712-71.2% | $138,895-79.1% |
| Participation rate | 52.6% | 74.3%-21.7pp | 69.3%-16.6pp | 79.9%-27.3pp |
| Annual return | 20.54% | 40.35%-19.8pp | 33.27%-12.7pp | 145.39%-124.9pp |
| Employer contribution / active EE | $528 | $2,771-81.0% | $2,313-77.2% | $4,194-87.4% |
| Participant deferral / active EE | $781 | $4,699-83.4% | $4,085-80.9% | $6,396-87.8% |
| Admin fee / account holder | $7 | $10,844-99.9% | $9,256-99.9% | $12,562-99.9% |