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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 | $124,980-87.4% | $108,359-85.5% | $154,746-89.8% |
| Participation rate | 26.7% | 75.2%-48.5pp | 70.1%-43.5pp | 80.7%-54.0pp |
| Annual return | 22.03% | 45.00%-23.0pp | 36.89%-14.9pp | 172.34%-150.3pp |
| Employer contribution / active EE | $553 | $2,851-80.6% | $2,399-77.0% | $4,379-87.4% |
| Participant deferral / active EE | $974 | $4,743-79.5% | $4,137-76.5% | $6,730-85.5% |
| Admin fee / account holder | $170 | $11,502-98.5% | $9,741-98.3% | $14,365-98.8% |