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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 | $17,221 | $83,337-79.3% | $67,834-74.6% | $273,972-93.7% |
| Participation rate | 16.7% | 76.4%-59.8pp | 68.8%-52.1pp | 83.0%-66.3pp |
| Annual return | 9.56% | 259.45%-249.9pp | 138.47%-128.9pp | 41.46%-31.9pp |
| Employer contribution / active EE | $488 | $3,287-85.2% | $2,403-79.7% | $4,869-90.0% |
| Participant deferral / active EE | $613 | $4,088-85.0% | $3,160-80.6% | $5,287-88.4% |
| Admin fee / account holder | $189 | $6,752-97.2% | $4,622-95.9% | $10,133-98.1% |