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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 | $20,821 | $117,895-82.3% | $102,460-79.7% | $145,897-85.7% |
| Participation rate | 41.2% | 78.6%-37.5pp | 76.5%-35.3pp | 80.3%-39.1pp |
| Annual return | 11.00% | 31.92%-20.9pp | 29.47%-18.5pp | 552.29%-541.3pp |
| Employer contribution / active EE | $896 | $3,619-75.2% | $3,025-70.4% | $4,663-80.8% |
| Participant deferral / active EE | $1,721 | $5,736-70.0% | $5,056-66.0% | $6,689-74.3% |
| Admin fee / account holder | $284 | $13,353-97.9% | $9,460-97.0% | $13,390-97.9% |