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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 | $22,934 | $111,814-79.5% | $103,378-77.8% | $145,978-84.3% |
| Participation rate | 50.0% | 77.9%-27.9pp | 74.5%-24.5pp | 80.3%-30.3pp |
| Annual return | 24.67% | 24.80%-0.1pp | 24.91%-0.2pp | 550.52%-525.8pp |
| Employer contribution / active EE | $1,274 | $4,215-69.8% | $3,870-67.1% | $4,662-72.7% |
| Participant deferral / active EE | $355 | $5,618-93.7% | $5,058-93.0% | $6,690-94.7% |
| Admin fee / account holder | $0 | $9,764-100.0% | $8,401-100.0% | $13,400-100.0% |