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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 | $7,667 | $87,166-91.2% | $76,735-90.0% | $137,256-94.4% |
| Participation rate | 58.8% | 74.4%-15.5pp | 69.5%-10.7pp | 80.0%-21.1pp |
| Annual return | 16.08% | 26.50%-10.4pp | 29.77%-13.7pp | 220.34%-204.3pp |
| Employer contribution / active EE | $512 | $2,904-82.4% | $2,454-79.1% | $4,156-87.7% |
| Participant deferral / active EE | $674 | $4,726-85.7% | $4,088-83.5% | $6,407-89.5% |
| Admin fee / account holder | $34 | $8,403-99.6% | $7,189-99.5% | $12,270-99.7% |