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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 | $6,807 | $100,139-93.2% | $85,187-92.0% | $145,884-95.3% |
| Participation rate | 35.3% | 74.1%-38.8pp | 67.5%-32.2pp | 80.3%-45.0pp |
| Annual return | 15.44% | 84.15%-68.7pp | 66.67%-51.2pp | 551.85%-536.4pp |
| Employer contribution / active EE | $661 | $3,238-79.6% | $2,732-75.8% | $4,662-85.8% |
| Participant deferral / active EE | $784 | $5,296-85.2% | $4,525-82.7% | $6,690-88.3% |
| Admin fee / account holder | $77 | $7,262-98.9% | $6,162-98.8% | $13,392-99.4% |