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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 | $66,362 | $81,476-18.6% | $102,383-35.2% | $80,925-18.0% |
| Participation rate | 25.9% | 66.8%-40.9pp | 74.5%-48.6pp | 67.7%-41.7pp |
| Annual return | 12.63% | 25.59%-13.0pp | 24.94%-12.3pp | 35.65%-23.0pp |
| Employer contribution / active EE | $1,196 | $3,105-61.5% | $3,870-69.1% | $2,756-56.6% |
| Participant deferral / active EE | $1,348 | $3,871-65.2% | $5,060-73.4% | $4,299-68.6% |
| Admin fee / account holder | $24 | $6,717-99.6% | $8,391-99.7% | $6,940-99.6% |