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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 | $21,410 | $90,745-76.4% | $130,231-83.6% | $75,173-71.5% |
| Participation rate | 19.5% | 71.1%-51.5pp | 76.3%-56.8pp | 67.2%-47.7pp |
| Annual return | 37.75% | 34.45%+3.3pp | 38.86%-1.1pp | 160.72%-123.0pp |
| Employer contribution / active EE | $795 | $3,314-76.0% | $4,126-80.7% | $2,671-70.2% |
| Participant deferral / active EE | $1,815 | $5,362-66.2% | $6,799-73.3% | $4,126-56.0% |
| Admin fee / account holder | $134 | $6,331-97.9% | $6,020-97.8% | $5,651-97.6% |