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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 | $108,942-71.2% | $100,415-68.8% | $145,897-78.5% |
| Participation rate | 63.6% | 83.0%-19.3pp | 81.5%-17.9pp | 80.3%-16.7pp |
| Annual return | 14.58% | 58.27%-43.7pp | 49.47%-34.9pp | 552.29%-537.7pp |
| Employer contribution / active EE | $1,266 | $4,422-71.4% | $3,943-67.9% | $4,663-72.9% |
| Participant deferral / active EE | $1,458 | $8,461-82.8% | $8,091-82.0% | $6,689-78.2% |
| Admin fee / account holder | $98 | $9,702-99.0% | $7,906-98.8% | $13,390-99.3% |