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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 | $35,310 | $199,109-82.3% | $173,730-79.7% | $154,746-77.2% |
| Participation rate | 63.6% | 82.8%-19.2pp | 79.6%-15.9pp | 80.7%-17.1pp |
| Annual return | 18.80% | 20.02%-1.2pp | 19.96%-1.2pp | 172.34%-153.5pp |
| Employer contribution / active EE | $1,237 | $5,311-76.7% | $4,577-73.0% | $4,379-71.7% |
| Participant deferral / active EE | $1,886 | $7,113-73.5% | $6,326-70.2% | $6,730-72.0% |
| Admin fee / account holder | $0 | $20,916-100.0% | $17,523-100.0% | $14,365-100.0% |