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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 | $29,153 | $100,911-71.1% | $90,440-67.8% | $158,966-81.7% |
| Participation rate | 41.2% | 75.0%-33.9pp | 72.7%-31.5pp | 82.0%-40.8pp |
| Annual return | 14.20% | 1726.62%-1712.4pp | 1294.38%-1280.2pp | 302.95%-288.7pp |
| Employer contribution / active EE | $217 | $3,690-94.1% | $3,263-93.4% | $4,762-95.4% |
| Participant deferral / active EE | $633 | $4,348-85.4% | $3,964-84.0% | $5,983-89.4% |
| Admin fee / account holder | $296 | $6,507-95.5% | $5,615-94.7% | $11,250-97.4% |