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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 | $43,831 | $101,063-56.6% | $81,473-46.2% | $147,586-70.3% |
| Participation rate | 33.3% | 74.5%-41.1pp | 68.0%-34.6pp | 82.8%-49.5pp |
| Annual return | 9.62% | 32.41%-22.8pp | 38.78%-29.2pp | 578.59%-569.0pp |
| Employer contribution / active EE | $326 | $3,206-89.8% | $2,568-87.3% | $4,876-93.3% |
| Participant deferral / active EE | $326 | $4,242-92.3% | $3,537-90.8% | $5,439-94.0% |
| Admin fee / account holder | $0 | $5,812-100.0% | $4,561-100.0% | $10,886-100.0% |