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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 | $45,247 | $136,860-66.9% | $120,344-62.4% | $154,746-70.8% |
| Participation rate | 62.5% | 79.9%-17.4pp | 76.7%-14.2pp | 80.7%-18.2pp |
| Annual return | 11.42% | 21.38%-10.0pp | 20.30%-8.9pp | 172.34%-160.9pp |
| Employer contribution / active EE | $1,282 | $3,533-63.7% | $3,020-57.5% | $4,379-70.7% |
| Participant deferral / active EE | $324 | $5,793-94.4% | $5,135-93.7% | $6,730-95.2% |
| Admin fee / account holder | $119 | $15,393-99.2% | $12,742-99.1% | $14,365-99.2% |