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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 | $100,139-77.8% | $85,187-74.0% | $145,884-84.8% |
| Participation rate | 33.3% | 74.1%-40.8pp | 67.5%-34.2pp | 80.3%-47.0pp |
| Annual return | 11.70% | 84.15%-72.5pp | 66.67%-55.0pp | 551.85%-540.1pp |
| Employer contribution / active EE | $0 | $3,238-100.0% | $2,732-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $215 | $5,296-95.9% | $4,525-95.2% | $6,690-96.8% |
| Admin fee / account holder | $65 | $7,262-99.1% | $6,162-99.0% | $13,392-99.5% |