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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 | $17,643 | $123,155-85.7% | $108,753-83.8% | $155,188-88.6% |
| Participation rate | 42.9% | 75.6%-32.8pp | 71.1%-28.2pp | 80.8%-37.9pp |
| Annual return | 19.25% | 44.73%-25.5pp | 37.47%-18.2pp | 148.84%-129.6pp |
| Employer contribution / active EE | $454 | $2,811-83.9% | $2,427-81.3% | $4,248-89.3% |
| Participant deferral / active EE | $778 | $4,623-83.2% | $4,115-81.1% | $6,531-88.1% |
| Admin fee / account holder | $194 | $12,126-98.4% | $10,320-98.1% | $14,480-98.7% |