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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 | $231,088 | $81,763+182.6% | $58,561+294.6% | $139,466+65.7% |
| Participation rate | 25.0% | 61.3%-36.3pp | 50.9%-25.9pp | 80.3%-55.3pp |
| Annual return | 17.11% | 7427.77%-7410.7pp | 4251.33%-4234.2pp | 373.66%-356.6pp |
| Employer contribution / active EE | $245 | $1,398-82.5% | $1,053-76.7% | $4,754-94.8% |
| Participant deferral / active EE | $0 | $2,555-100.0% | $1,923-100.0% | $6,712-100.0% |
| Admin fee / account holder | $60 | $3,273-98.2% | $2,520-97.6% | $11,409-99.5% |