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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 | $22,190 | $100,203-77.9% | $85,240-74.0% | $145,897-84.8% |
| Participation rate | 33.3% | 74.1%-40.8pp | 67.5%-34.2pp | 80.3%-47.0pp |
| Annual return | 11.70% | 84.28%-72.6pp | 66.75%-55.1pp | 552.29%-540.6pp |
| Employer contribution / active EE | $0 | $3,242-100.0% | $2,735-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $215 | $5,299-95.9% | $4,527-95.2% | $6,689-96.8% |
| Admin fee / account holder | $65 | $7,265-99.1% | $6,165-99.0% | $13,390-99.5% |