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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 | $37,306 | $148,623-74.9% | $135,974-72.6% | $139,466-73.3% |
| Participation rate | 40.0% | 83.9%-43.9pp | 81.9%-41.9pp | 80.3%-40.3pp |
| Annual return | 21.55% | 79.30%-57.7pp | 68.30%-46.8pp | 373.66%-352.1pp |
| Employer contribution / active EE | $1,018 | $5,246-80.6% | $4,859-79.1% | $4,754-78.6% |
| Participant deferral / active EE | $1,255 | $8,103-84.5% | $7,760-83.8% | $6,712-81.3% |
| Admin fee / account holder | $157 | $12,406-98.7% | $10,767-98.5% | $11,409-98.6% |