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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 | $64,647 | $201,344-67.9% | $184,243-64.9% | $145,877-55.7% |
| Participation rate | 40.0% | 87.5%-47.5pp | 86.8%-46.8pp | 80.3%-40.3pp |
| Annual return | 13.21% | 29.01%-15.8pp | 28.82%-15.6pp | 551.28%-538.1pp |
| Employer contribution / active EE | $2,283 | $7,022-67.5% | $6,427-64.5% | $4,663-51.0% |
| Participant deferral / active EE | $817 | $9,807-91.7% | $9,132-91.1% | $6,691-87.8% |
| Admin fee / account holder | $284 | $16,382-98.3% | $13,914-98.0% | $13,402-97.9% |