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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 | $42,602 | $165,399-74.2% | $149,745-71.6% | $158,982-73.2% |
| Participation rate | 39.1% | 84.6%-45.4pp | 82.5%-43.4pp | 82.0%-42.8pp |
| Annual return | 30.28% | 348.34%-318.1pp | 276.72%-246.4pp | 302.99%-272.7pp |
| Employer contribution / active EE | $0 | $5,105-100.0% | $4,646-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $716 | $7,183-90.0% | $6,843-89.5% | $5,983-88.0% |
| Admin fee / account holder | $240 | $10,811-97.8% | $9,312-97.4% | $11,252-97.9% |