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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 | $59,661 | $100,147-40.4% | $81,286-26.6% | $145,877-59.1% |
| Participation rate | 14.3% | 74.2%-59.9pp | 69.5%-55.2pp | 80.3%-66.0pp |
| Annual return | 27.63% | 34.44%-6.8pp | 24.80%+2.8pp | 551.28%-523.6pp |
| Employer contribution / active EE | $605 | $2,977-79.7% | $2,463-75.4% | $4,663-87.0% |
| Participant deferral / active EE | $756 | $4,607-83.6% | $3,883-80.5% | $6,691-88.7% |
| Admin fee / account holder | $45 | $8,201-99.5% | $5,764-99.2% | $13,402-99.7% |