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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 | $47,818 | $755,339-93.7% | $379,746-87.4% | $158,966-69.9% |
| Participation rate | 66.7% | 81.8%-15.1pp | 78.4%-11.8pp | 82.0%-15.3pp |
| Annual return | 14.39% | 53.41%-39.0pp | 34.90%-20.5pp | 302.95%-288.6pp |
| Employer contribution / active EE | $1,304 | $4,685-72.2% | $3,540-63.1% | $4,762-72.6% |
| Participant deferral / active EE | $1,883 | $7,938-76.3% | $6,024-68.7% | $5,983-68.5% |
| Admin fee / account holder | $176 | $14,482-98.8% | $7,927-97.8% | $11,250-98.4% |