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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 | $54,752 | $114,013-52.0% | $103,693-47.2% | $155,188-64.7% |
| Participation rate | 33.3% | 75.2%-41.9pp | 72.6%-39.3pp | 80.8%-47.5pp |
| Annual return | 17.96% | 49.31%-31.3pp | 47.61%-29.6pp | 148.84%-130.9pp |
| Employer contribution / active EE | $882 | $3,131-71.8% | $2,920-69.8% | $4,248-79.2% |
| Participant deferral / active EE | $968 | $4,970-80.5% | $4,579-78.9% | $6,531-85.2% |
| Admin fee / account holder | $113 | $8,407-98.7% | $7,858-98.6% | $14,480-99.2% |