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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 | $36,096 | $154,159-76.6% | $130,026-72.2% | $139,456-74.1% |
| Participation rate | 18.2% | 82.0%-63.8pp | 78.5%-60.3pp | 80.3%-62.1pp |
| Annual return | 16.41% | 32.50%-16.1pp | -137.26%+153.7pp | 373.45%-357.0pp |
| Employer contribution / active EE | $0 | $5,292-100.0% | $4,321-100.0% | $4,753-100.0% |
| Participant deferral / active EE | $1,789 | $6,710-73.3% | $5,821-69.3% | $6,711-73.3% |
| Admin fee / account holder | $81 | $14,001-99.4% | $10,608-99.2% | $11,407-99.3% |