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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 | $31,662 | $60,128-47.3% | $90,440-65.0% | $79,852-60.3% |
| Participation rate | 34.9% | 65.0%-30.1pp | 72.7%-37.8pp | 69.6%-34.8pp |
| Annual return | 11.56% | 71.95%-60.4pp | 1294.38%-1282.8pp | 31.72%-20.2pp |
| Employer contribution / active EE | $0 | $2,068-100.0% | $3,263-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $763 | $2,939-74.0% | $3,964-80.7% | $3,740-79.6% |
| Admin fee / account holder | $7 | $3,977-99.8% | $5,615-99.9% | $5,306-99.9% |