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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 | $9,567 | $110,278-91.3% | $95,740-90.0% | $139,466-93.1% |
| Participation rate | 60.0% | 75.7%-15.7pp | 72.3%-12.3pp | 80.3%-20.3pp |
| Annual return | 9.96% | 27.19%-17.2pp | 28.41%-18.5pp | 373.66%-363.7pp |
| Employer contribution / active EE | $961 | $3,260-70.5% | $2,836-66.1% | $4,754-79.8% |
| Participant deferral / active EE | $481 | $4,674-89.7% | $4,244-88.7% | $6,712-92.8% |
| Admin fee / account holder | $9 | $6,613-99.9% | $5,676-99.8% | $11,409-99.9% |