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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 | $25,644 | $95,975-73.3% | $74,549-65.6% | $135,379-81.1% |
| Participation rate | 20.0% | 75.7%-55.7pp | 69.1%-49.1pp | 82.6%-62.6pp |
| Annual return | 1.77% | 56.96%-55.2pp | 32.53%-30.8pp | 519.79%-518.0pp |
| Employer contribution / active EE | $340 | $2,716-87.5% | $1,961-82.7% | $4,779-92.9% |
| Participant deferral / active EE | $425 | $3,844-88.9% | $3,108-86.3% | $5,609-92.4% |
| Admin fee / account holder | $14 | $6,522-99.8% | $5,059-99.7% | $10,828-99.9% |