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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 | $45,967 | $110,278-58.3% | $95,740-52.0% | $139,466-67.0% |
| Participation rate | 60.0% | 75.7%-15.7pp | 72.3%-12.3pp | 80.3%-20.3pp |
| Annual return | 18.39% | 27.19%-8.8pp | 28.41%-10.0pp | 373.66%-355.3pp |
| Employer contribution / active EE | $401 | $3,260-87.7% | $2,836-85.9% | $4,754-91.6% |
| Participant deferral / active EE | $401 | $4,674-91.4% | $4,244-90.6% | $6,712-94.0% |
| Admin fee / account holder | $20 | $6,613-99.7% | $5,676-99.6% | $11,409-99.8% |