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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 | $78,720 | $112,131-29.8% | $95,964-18.0% | $158,982-50.5% |
| Participation rate | 50.0% | 79.0%-29.0pp | 77.1%-27.1pp | 82.0%-32.0pp |
| Annual return | 13.29% | 171.19%-157.9pp | 91.64%-78.4pp | 302.99%-289.7pp |
| Employer contribution / active EE | $703 | $3,199-78.0% | $2,541-72.3% | $4,763-85.2% |
| Participant deferral / active EE | $731 | $4,784-84.7% | $4,167-82.5% | $5,983-87.8% |
| Admin fee / account holder | $20 | $10,136-99.8% | $6,797-99.7% | $11,252-99.8% |