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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 | $26,981 | $161,352-83.3% | $134,172-79.9% | $137,256-80.3% |
| Participation rate | 31.3% | 78.3%-47.0pp | 72.5%-41.2pp | 80.0%-48.7pp |
| Annual return | 20.37% | 28.72%-8.3pp | 25.30%-4.9pp | 220.34%-200.0pp |
| Employer contribution / active EE | $1,127 | $4,099-72.5% | $3,420-67.1% | $4,156-72.9% |
| Participant deferral / active EE | $1,287 | $5,552-76.8% | $4,690-72.6% | $6,407-79.9% |
| Admin fee / account holder | $242 | $15,028-98.4% | $12,016-98.0% | $12,270-98.0% |