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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 | $22,252 | $115,814-80.8% | $101,275-78.0% | $158,982-86.0% |
| Participation rate | 55.0% | 79.4%-24.4pp | 75.8%-20.8pp | 82.0%-27.0pp |
| Annual return | 21.80% | 56.16%-34.4pp | 46.48%-24.7pp | 302.99%-281.2pp |
| Employer contribution / active EE | $1,044 | $4,176-75.0% | $3,660-71.5% | $4,763-78.1% |
| Participant deferral / active EE | $1,214 | $4,958-75.5% | $4,371-72.2% | $5,983-79.7% |
| Admin fee / account holder | $102 | $7,249-98.6% | $5,948-98.3% | $11,252-99.1% |