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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 | $26,076 | $149,741-82.6% | $118,914-78.1% | $158,982-83.6% |
| Participation rate | 42.9% | 82.1%-39.3pp | 75.4%-32.5pp | 82.0%-39.1pp |
| Annual return | 16.05% | 19.94%-3.9pp | 35.89%-19.8pp | 302.99%-286.9pp |
| Employer contribution / active EE | $952 | $4,119-76.9% | $3,264-70.8% | $4,763-80.0% |
| Participant deferral / active EE | $1,334 | $5,226-74.5% | $4,266-68.7% | $5,983-77.7% |
| Admin fee / account holder | $282 | $8,607-96.7% | $6,582-95.7% | $11,252-97.5% |