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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 | $22,689 | $115,911-80.4% | $100,530-77.4% | $158,950-85.7% |
| Participation rate | 47.6% | 81.6%-34.0pp | 79.4%-31.8pp | 82.0%-34.3pp |
| Annual return | 16.85% | 34.80%-18.0pp | 30.89%-14.0pp | 302.91%-286.1pp |
| Employer contribution / active EE | $854 | $4,104-79.2% | $3,418-75.0% | $4,762-82.1% |
| Participant deferral / active EE | $1,191 | $6,676-82.2% | $6,271-81.0% | $5,983-80.1% |
| Admin fee / account holder | $126 | $10,999-98.9% | $8,083-98.4% | $11,248-98.9% |