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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 | $61,447 | $65,364-6.0% | $92,909-33.9% | $72,975-15.8% |
| Participation rate | 20.5% | 68.3%-47.9pp | 76.0%-55.6pp | 69.5%-49.0pp |
| Annual return | 21.28% | 42.11%-20.8pp | 109.44%-88.2pp | 81.01%-59.7pp |
| Employer contribution / active EE | $778 | $2,594-70.0% | $3,653-78.7% | $2,440-68.1% |
| Participant deferral / active EE | $1,031 | $3,128-67.1% | $4,238-75.7% | $3,608-71.4% |
| Admin fee / account holder | $21 | $4,251-99.5% | $5,795-99.6% | $5,124-99.6% |