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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 | $37,582 | $100,279-62.5% | $81,353-53.8% | $145,884-74.2% |
| Participation rate | 47.6% | 74.3%-26.6pp | 69.5%-21.9pp | 80.3%-32.7pp |
| Annual return | 9.53% | 34.49%-25.0pp | 24.82%-15.3pp | 551.85%-542.3pp |
| Employer contribution / active EE | $572 | $2,979-80.8% | $2,464-76.8% | $4,662-87.7% |
| Participant deferral / active EE | $583 | $4,611-87.4% | $3,885-85.0% | $6,690-91.3% |
| Admin fee / account holder | $216 | $8,206-97.4% | $5,766-96.3% | $13,392-98.4% |