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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 | $38,314 | $157,276-75.6% | $141,177-72.9% | $152,885-74.9% |
| Participation rate | 10.0% | 84.8%-74.8pp | 82.5%-72.5pp | 82.5%-72.5pp |
| Annual return | 20.18% | 64.33%-44.1pp | 71.40%-51.2pp | 345.39%-325.2pp |
| Employer contribution / active EE | $0 | $5,262-100.0% | $4,736-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $697 | $7,110-90.2% | $6,710-89.6% | $5,851-88.1% |
| Admin fee / account holder | $76 | $12,123-99.4% | $10,263-99.3% | $11,598-99.3% |