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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 | $17,725 | $107,941-83.6% | $91,994-80.7% | $152,897-88.4% |
| Participation rate | 60.0% | 81.2%-21.2pp | 78.6%-18.6pp | 82.5%-22.5pp |
| Annual return | 25.38% | 89.28%-63.9pp | 69.04%-43.7pp | 345.43%-320.0pp |
| Employer contribution / active EE | $1,083 | $4,212-74.3% | $3,453-68.6% | $4,764-77.3% |
| Participant deferral / active EE | $1,424 | $6,366-77.6% | $5,924-76.0% | $5,851-75.7% |
| Admin fee / account holder | $207 | $10,521-98.0% | $7,744-97.3% | $11,599-98.2% |