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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 | $57,093 | $115,917-50.7% | $100,535-43.2% | $158,982-64.1% |
| Participation rate | 40.0% | 81.6%-41.6pp | 79.4%-39.4pp | 82.0%-42.0pp |
| Annual return | 24.56% | 34.80%-10.2pp | 30.90%-6.3pp | 302.99%-278.4pp |
| Employer contribution / active EE | $0 | $4,105-100.0% | $3,419-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $1,140 | $6,677-82.9% | $6,271-81.8% | $5,983-80.9% |
| Admin fee / account holder | $297 | $11,002-97.3% | $8,085-96.3% | $11,252-97.4% |