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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 | $160,028-74.5% | $147,080-72.3% | $145,884-72.0% |
| Participation rate | 20.8% | 84.0%-63.2pp | 82.2%-61.3pp | 80.3%-59.5pp |
| Annual return | 14.64% | 98.60%-84.0pp | 420.17%-405.5pp | 551.85%-537.2pp |
| Employer contribution / active EE | $0 | $5,286-100.0% | $4,933-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $2,250 | $8,422-73.3% | $8,066-72.1% | $6,690-66.4% |
| Admin fee / account holder | $45 | $15,030-99.7% | $12,989-99.7% | $13,392-99.7% |