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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 | $25,660 | $111,814-77.1% | $93,654-72.6% | $145,959-82.4% |
| Participation rate | 37.5% | 74.2%-36.7pp | 68.7%-31.2pp | 80.3%-42.8pp |
| Annual return | 8.46% | 203.30%-194.8pp | 133.34%-124.9pp | 561.95%-553.5pp |
| Employer contribution / active EE | $573 | $3,092-81.5% | $2,421-76.3% | $4,661-87.7% |
| Participant deferral / active EE | $573 | $4,914-88.3% | $4,413-87.0% | $6,689-91.4% |
| Admin fee / account holder | $278 | $10,246-97.3% | $8,282-96.6% | $13,398-97.9% |