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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 | $26,018 | $156,398-83.4% | $147,318-82.3% | $138,895-81.3% |
| Participation rate | 60.0% | 83.8%-23.8pp | 82.1%-22.1pp | 79.9%-19.9pp |
| Annual return | 17.05% | 78.75%-61.7pp | 70.43%-53.4pp | 145.39%-128.3pp |
| Employer contribution / active EE | $1,626 | $4,853-66.5% | $4,593-64.6% | $4,194-61.2% |
| Participant deferral / active EE | $2,474 | $8,237-70.0% | $7,906-68.7% | $6,396-61.3% |
| Admin fee / account holder | $198 | $14,976-98.7% | $13,708-98.6% | $12,562-98.4% |