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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 | $155,555-83.3% | $146,866-82.3% | $155,188-83.2% |
| Participation rate | 60.0% | 84.0%-24.0pp | 82.5%-22.5pp | 80.8%-20.8pp |
| Annual return | 17.05% | 115.41%-98.4pp | 102.85%-85.8pp | 148.84%-131.8pp |
| Employer contribution / active EE | $1,626 | $4,647-65.0% | $4,425-63.2% | $4,248-61.7% |
| Participant deferral / active EE | $2,474 | $8,044-69.2% | $7,759-68.1% | $6,531-62.1% |
| Admin fee / account holder | $198 | $14,755-98.7% | $13,620-98.5% | $14,480-98.6% |