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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 | $6,663 | $76,407-91.3% | $150,298-95.6% | $82,448-91.9% |
| Participation rate | 7.1% | 66.4%-59.3pp | 77.8%-70.6pp | 68.1%-60.9pp |
| Annual return | 14.44% | 39.99%-25.6pp | 62.79%-48.3pp | 41.64%-27.2pp |
| Employer contribution / active EE | $0 | $2,614-100.0% | $4,154-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $75 | $3,214-97.7% | $5,453-98.6% | $4,139-98.2% |
| Admin fee / account holder | $34 | $6,352-99.5% | $14,116-99.8% | $7,234-99.5% |