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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 | $10,286 | $29,051-64.6% | $52,425-80.4% | $67,986-84.9% |
| Participation rate | 6.5% | 30.4%-23.9pp | 55.6%-49.1pp | 57.2%-50.7pp |
| Annual return | 18.75% | 24.00%-5.2pp | 302.12%-283.4pp | 31.67%-12.9pp |
| Employer contribution / active EE | $89 | $412-78.4% | $914-90.3% | $2,019-95.6% |
| Participant deferral / active EE | $116 | $873-86.7% | $1,790-93.5% | $3,358-96.5% |
| Admin fee / account holder | $41 | $2,113-98.1% | $2,495-98.4% | $3,203-98.7% |