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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 | $15,738 | $115,225-86.3% | $100,712-84.4% | $138,895-88.7% |
| Participation rate | 26.7% | 74.3%-47.7pp | 69.3%-42.6pp | 79.9%-53.3pp |
| Annual return | 22.03% | 40.35%-18.3pp | 33.27%-11.2pp | 145.39%-123.4pp |
| Employer contribution / active EE | $553 | $2,771-80.1% | $2,313-76.1% | $4,194-86.8% |
| Participant deferral / active EE | $974 | $4,699-79.3% | $4,085-76.2% | $6,396-84.8% |
| Admin fee / account holder | $170 | $10,844-98.4% | $9,256-98.2% | $12,562-98.6% |