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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 | $27,590 | $211,288-86.9% | $178,540-84.5% | $145,884-81.1% |
| Participation rate | 37.5% | 80.8%-43.3pp | 77.1%-39.6pp | 80.3%-42.8pp |
| Annual return | 20.19% | 30.27%-10.1pp | 27.15%-7.0pp | 551.85%-531.7pp |
| Employer contribution / active EE | $2,495 | $4,574-45.5% | $3,953-36.9% | $4,662-46.5% |
| Participant deferral / active EE | $358 | $6,967-94.9% | $6,281-94.3% | $6,690-94.6% |
| Admin fee / account holder | $0 | $12,105-100.0% | $10,424-100.0% | $13,392-100.0% |