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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 | $26,843 | $156,398-82.8% | $147,318-81.8% | $138,895-80.7% |
| Participation rate | 53.8% | 83.8%-29.9pp | 82.1%-28.2pp | 79.9%-26.1pp |
| Annual return | 19.03% | 78.75%-59.7pp | 70.43%-51.4pp | 145.39%-126.4pp |
| Employer contribution / active EE | $1,053 | $4,853-78.3% | $4,593-77.1% | $4,194-74.9% |
| Participant deferral / active EE | $2,134 | $8,237-74.1% | $7,906-73.0% | $6,396-66.6% |
| Admin fee / account holder | $167 | $14,976-98.9% | $13,708-98.8% | $12,562-98.7% |