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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 | $201,370-67.9% | $184,256-64.9% | $145,897-55.7% |
| Participation rate | 40.0% | 87.5%-47.5pp | 86.8%-46.8pp | 80.3%-40.3pp |
| Annual return | 13.21% | 29.05%-15.8pp | 28.85%-15.6pp | 552.29%-539.1pp |
| Employer contribution / active EE | $2,283 | $7,024-67.5% | $6,427-64.5% | $4,663-51.0% |
| Participant deferral / active EE | $817 | $9,808-91.7% | $9,133-91.1% | $6,689-87.8% |
| Admin fee / account holder | $284 | $16,364-98.3% | $13,899-98.0% | $13,390-97.9% |