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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 | $51,433 | $93,064-44.7% | $74,577-31.0% | $273,972-81.2% |
| Participation rate | 7.1% | 74.9%-67.8pp | 68.1%-61.0pp | 83.0%-75.9pp |
| Annual return | 7.54% | 26.18%-18.6pp | 20.47%-12.9pp | 41.46%-33.9pp |
| Employer contribution / active EE | $107 | $3,160-96.6% | $2,525-95.8% | $4,869-97.8% |
| Participant deferral / active EE | $402 | $4,160-90.3% | $3,458-88.4% | $5,287-92.4% |
| Admin fee / account holder | $0 | $5,273-100.0% | $4,138-100.0% | $10,133-100.0% |