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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 | $40,782 | $159,978-74.5% | $147,041-72.3% | $145,978-72.1% |
| Participation rate | 20.8% | 84.0%-63.2pp | 82.2%-61.3pp | 80.3%-59.5pp |
| Annual return | 14.64% | 98.36%-83.7pp | 419.21%-404.6pp | 550.52%-535.9pp |
| Employer contribution / active EE | $0 | $5,288-100.0% | $4,935-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $2,250 | $8,429-73.3% | $8,071-72.1% | $6,690-66.4% |
| Admin fee / account holder | $45 | $15,053-99.7% | $13,006-99.7% | $13,400-99.7% |