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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 | $33,313 | $97,289-65.8% | $92,805-64.1% | $155,188-78.5% |
| Participation rate | 50.0% | 84.2%-34.2pp | 83.5%-33.5pp | 80.8%-30.8pp |
| Annual return | 24.30% | 29.03%-4.7pp | 31.59%-7.3pp | 148.84%-124.5pp |
| Employer contribution / active EE | $1,299 | $3,632-64.2% | $3,424-62.1% | $4,248-69.4% |
| Participant deferral / active EE | $1,948 | $8,795-77.9% | $8,448-76.9% | $6,531-70.2% |
| Admin fee / account holder | $68 | $12,015-99.4% | $10,911-99.4% | $14,480-99.5% |