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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 | $60,424 | $97,732-38.2% | $83,831-27.9% | $135,380-55.4% |
| Participation rate | 54.2% | 80.0%-25.8pp | 76.1%-22.0pp | 82.6%-28.5pp |
| Annual return | -6.63% | 1287.56%-1294.2pp | 850.99%-857.6pp | 519.81%-526.4pp |
| Employer contribution / active EE | $6,362 | $4,222+50.7% | $3,631+75.2% | $4,779+33.1% |
| Participant deferral / active EE | $971 | $4,683-79.3% | $4,082-76.2% | $5,609-82.7% |
| Admin fee / account holder | $1 | $6,675-100.0% | $5,479-100.0% | $10,828-100.0% |