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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 | $41,931 | $104,953-60.0% | $84,637-50.5% | $152,909-72.6% |
| Participation rate | 33.3% | 74.8%-41.5pp | 68.2%-34.9pp | 82.5%-49.1pp |
| Annual return | 14.64% | 373.94%-359.3pp | 258.82%-244.2pp | 345.46%-330.8pp |
| Employer contribution / active EE | $333 | $3,304-89.9% | $2,653-87.5% | $4,764-93.0% |
| Participant deferral / active EE | $384 | $4,691-91.8% | $3,900-90.1% | $5,851-93.4% |
| Admin fee / account holder | $2 | $6,244-100.0% | $4,914-100.0% | $11,601-100.0% |