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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 | $32,643 | $166,131-80.4% | $164,975-80.2% | $145,877-77.6% |
| Participation rate | 36.4% | 82.0%-45.6pp | 78.6%-42.3pp | 80.3%-43.9pp |
| Annual return | 9.52% | 100.37%-90.8pp | 70.12%-60.6pp | 551.28%-541.8pp |
| Employer contribution / active EE | $0 | $5,276-100.0% | $4,343-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $830 | $6,962-88.1% | $6,033-86.2% | $6,691-87.6% |
| Admin fee / account holder | $177 | $16,648-98.9% | $12,688-98.6% | $13,402-98.7% |