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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 | $31,573 | $102,385-69.2% | $147,080-78.5% | $80,935-61.0% |
| Participation rate | 50.0% | 75.9%-25.9pp | 82.2%-32.2pp | 67.7%-17.7pp |
| Annual return | 20.20% | 135.09%-114.9pp | 420.17%-400.0pp | 35.66%-15.5pp |
| Employer contribution / active EE | $1,024 | $3,717-72.4% | $4,933-79.2% | $2,757-62.8% |
| Participant deferral / active EE | $2,159 | $6,651-67.5% | $8,066-73.2% | $4,299-49.8% |
| Admin fee / account holder | $276 | $7,951-96.5% | $12,989-97.9% | $6,924-96.0% |