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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 | $19,228 | $106,974-82.0% | $90,796-78.8% | $138,895-86.2% |
| Participation rate | 25.0% | 74.9%-49.9pp | 69.5%-44.5pp | 79.9%-54.9pp |
| Annual return | 24.14% | 20.10%+4.0pp | 19.29%+4.8pp | 145.39%-121.3pp |
| Employer contribution / active EE | $599 | $2,609-77.1% | $2,294-73.9% | $4,194-85.7% |
| Participant deferral / active EE | $600 | $4,455-86.5% | $3,822-84.3% | $6,396-90.6% |
| Admin fee / account holder | $190 | $8,626-97.8% | $7,024-97.3% | $12,562-98.5% |