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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 | $29,319 | $76,634-61.7% | $56,054-47.7% | $145,978-79.9% |
| Participation rate | 25.0% | 63.2%-38.2pp | 52.5%-27.5pp | 80.3%-55.3pp |
| Annual return | 13.29% | 3004.33%-2991.0pp | 1705.95%-1692.7pp | 550.52%-537.2pp |
| Employer contribution / active EE | $119 | $1,380-91.4% | $1,039-88.6% | $4,662-97.5% |
| Participant deferral / active EE | $198 | $2,622-92.4% | $1,952-89.9% | $6,690-97.0% |
| Admin fee / account holder | $30 | $3,321-99.1% | $2,822-98.9% | $13,400-99.8% |