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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 | $100,147-62.5% | $81,286-53.8% | $145,877-74.2% |
| Participation rate | 47.6% | 74.2%-26.6pp | 69.5%-21.9pp | 80.3%-32.7pp |
| Annual return | 9.53% | 34.44%-24.9pp | 24.80%-15.3pp | 551.28%-541.8pp |
| Employer contribution / active EE | $572 | $2,977-80.8% | $2,463-76.8% | $4,663-87.7% |
| Participant deferral / active EE | $583 | $4,607-87.4% | $3,883-85.0% | $6,691-91.3% |
| Admin fee / account holder | $216 | $8,201-97.4% | $5,764-96.3% | $13,402-98.4% |