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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 | $17,168 | $134,817-87.3% | $123,973-86.2% | $155,188-88.9% |
| Participation rate | 62.5% | 79.4%-16.9pp | 76.7%-14.2pp | 80.8%-18.3pp |
| Annual return | 19.07% | 515.49%-496.4pp | 388.13%-369.1pp | 148.84%-129.8pp |
| Employer contribution / active EE | $1,556 | $4,425-64.8% | $4,126-62.3% | $4,248-63.4% |
| Participant deferral / active EE | $1,764 | $5,706-69.1% | $5,247-66.4% | $6,531-73.0% |
| Admin fee / account holder | $0 | $13,245-100.0% | $11,799-100.0% | $14,480-100.0% |