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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 | $28,822 | $65,395-55.9% | $182,540-84.2% | $72,975-60.5% |
| Participation rate | 29.6% | 65.4%-35.8pp | 78.0%-48.3pp | 69.5%-39.9pp |
| Annual return | 56.70% | 27.68%+29.0pp | 148.58%-91.9pp | 81.01%-24.3pp |
| Employer contribution / active EE | $601 | $1,911-68.5% | $4,076-85.2% | $2,440-75.4% |
| Participant deferral / active EE | $1,100 | $3,563-69.1% | $5,525-80.1% | $3,608-69.5% |
| Admin fee / account holder | $20 | $4,245-99.5% | $8,593-99.8% | $5,124-99.6% |