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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 | $13,422 | $93,064-85.6% | $74,577-82.0% | $273,972-95.1% |
| Participation rate | 7.7% | 74.9%-67.3pp | 68.1%-60.4pp | 83.0%-75.3pp |
| Annual return | 11.97% | 26.18%-14.2pp | 20.47%-8.5pp | 41.46%-29.5pp |
| Employer contribution / active EE | $199 | $3,160-93.7% | $2,525-92.1% | $4,869-95.9% |
| Participant deferral / active EE | $282 | $4,160-93.2% | $3,458-91.9% | $5,287-94.7% |
| Admin fee / account holder | $0 | $5,273-100.0% | $4,138-100.0% | $10,133-100.0% |