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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 | $36,932 | $110,410-66.5% | $102,437-63.9% | $145,897-74.7% |
| Participation rate | 36.4% | 77.9%-41.6pp | 74.5%-38.1pp | 80.3%-43.9pp |
| Annual return | 13.13% | 24.85%-11.7pp | 24.95%-11.8pp | 552.29%-539.2pp |
| Employer contribution / active EE | $982 | $4,217-76.7% | $3,871-74.6% | $4,663-78.9% |
| Participant deferral / active EE | $1,502 | $5,622-73.3% | $5,060-70.3% | $6,689-77.5% |
| Admin fee / account holder | $7 | $9,745-99.9% | $8,388-99.9% | $13,390-99.9% |