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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 | $24,596 | $111,814-78.0% | $103,378-76.2% | $145,978-83.2% |
| Participation rate | 35.7% | 77.9%-42.2pp | 74.5%-38.8pp | 80.3%-44.6pp |
| Annual return | 18.10% | 24.80%-6.7pp | 24.91%-6.8pp | 550.52%-532.4pp |
| Employer contribution / active EE | $964 | $4,215-77.1% | $3,870-75.1% | $4,662-79.3% |
| Participant deferral / active EE | $1,414 | $5,618-74.8% | $5,058-72.0% | $6,690-78.9% |
| Admin fee / account holder | $0 | $9,764-100.0% | $8,401-100.0% | $13,400-100.0% |