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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 | $83,413 | $108,882-23.4% | $96,754-13.8% | $154,746-46.1% |
| Participation rate | 66.7% | 75.1%-8.4pp | 70.3%-3.6pp | 80.7%-14.0pp |
| Annual return | 18.85% | 98.39%-79.5pp | 82.04%-63.2pp | 172.34%-153.5pp |
| Employer contribution / active EE | $462 | $3,018-84.7% | $2,679-82.7% | $4,379-89.4% |
| Participant deferral / active EE | $908 | $5,323-82.9% | $4,758-80.9% | $6,730-86.5% |
| Admin fee / account holder | $20 | $10,200-99.8% | $8,905-99.8% | $14,365-99.9% |