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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 | $138,312-67.3% | $122,979-63.2% | $155,188-70.8% |
| Participation rate | 62.5% | 80.2%-17.7pp | 77.2%-14.7pp | 80.8%-18.3pp |
| Annual return | 11.42% | 22.06%-10.6pp | 20.12%-8.7pp | 148.84%-137.4pp |
| Employer contribution / active EE | $1,282 | $3,530-63.7% | $3,062-58.1% | $4,248-69.8% |
| Participant deferral / active EE | $324 | $5,592-94.2% | $5,003-93.5% | $6,531-95.0% |
| Admin fee / account holder | $119 | $15,089-99.2% | $12,864-99.1% | $14,480-99.2% |