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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 | $40,821 | $155,555-73.8% | $146,866-72.2% | $155,188-73.7% |
| Participation rate | 40.0% | 84.0%-44.0pp | 82.5%-42.5pp | 80.8%-40.8pp |
| Annual return | 20.42% | 115.41%-95.0pp | 102.85%-82.4pp | 148.84%-128.4pp |
| Employer contribution / active EE | $1,717 | $4,647-63.0% | $4,425-61.2% | $4,248-59.6% |
| Participant deferral / active EE | $2,146 | $8,044-73.3% | $7,759-72.3% | $6,531-67.1% |
| Admin fee / account holder | $88 | $14,755-99.4% | $13,620-99.4% | $14,480-99.4% |