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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 | $13,595 | $116,360-88.3% | $65,566-79.3% | $139,466-90.3% |
| Participation rate | 57.1% | 67.8%-10.6pp | 64.9%-7.8pp | 80.3%-23.2pp |
| Annual return | 17.62% | 31.23%-13.6pp | 47.40%-29.8pp | 373.66%-356.0pp |
| Employer contribution / active EE | $220 | $2,600-91.5% | $1,692-87.0% | $4,754-95.4% |
| Participant deferral / active EE | $244 | $4,242-94.2% | $2,832-91.4% | $6,712-96.4% |
| Admin fee / account holder | $269 | $6,701-96.0% | $4,114-93.5% | $11,409-97.6% |