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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 | $28,391 | $181,062-84.3% | $158,223-82.1% | $155,188-81.7% |
| Participation rate | 60.0% | 82.7%-22.7pp | 79.2%-19.2pp | 80.8%-20.8pp |
| Annual return | 19.71% | 57.39%-37.7pp | 52.09%-32.4pp | 148.84%-129.1pp |
| Employer contribution / active EE | $1,176 | $4,565-74.2% | $4,109-71.4% | $4,248-72.3% |
| Participant deferral / active EE | $1,764 | $6,134-71.2% | $5,467-67.7% | $6,531-73.0% |
| Admin fee / account holder | $240 | $18,825-98.7% | $16,047-98.5% | $14,480-98.3% |