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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 | $31,353 | $108,897-71.2% | $100,378-68.8% | $145,877-78.5% |
| Participation rate | 63.6% | 83.0%-19.3pp | 81.5%-17.9pp | 80.3%-16.7pp |
| Annual return | 14.58% | 58.17%-43.6pp | 49.41%-34.8pp | 551.28%-536.7pp |
| Employer contribution / active EE | $1,266 | $4,420-71.4% | $3,942-67.9% | $4,663-72.9% |
| Participant deferral / active EE | $1,458 | $8,455-82.8% | $8,087-82.0% | $6,691-78.2% |
| Admin fee / account holder | $98 | $9,690-99.0% | $7,899-98.8% | $13,402-99.3% |