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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 | $124,425-63.6% | $112,040-59.6% | $137,256-67.0% |
| Participation rate | 62.5% | 79.3%-16.8pp | 76.5%-14.0pp | 80.0%-17.5pp |
| Annual return | 11.42% | 24.72%-13.3pp | 24.52%-13.1pp | 220.34%-208.9pp |
| Employer contribution / active EE | $1,282 | $3,411-62.4% | $2,954-56.6% | $4,156-69.1% |
| Participant deferral / active EE | $324 | $5,718-94.3% | $5,098-93.7% | $6,407-95.0% |
| Admin fee / account holder | $119 | $15,207-99.2% | $12,098-99.0% | $12,270-99.0% |