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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 | $37,360 | $91,179-59.0% | $178,499-79.1% | $79,852-53.2% |
| Participation rate | 36.2% | 69.2%-33.0pp | 81.9%-45.7pp | 69.6%-33.4pp |
| Annual return | 18.46% | 24.19%-5.7pp | 151.10%-132.6pp | 31.72%-13.3pp |
| Employer contribution / active EE | $0 | $3,256-100.0% | $5,011-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $349 | $3,236-89.2% | $5,202-93.3% | $3,740-90.7% |
| Admin fee / account holder | $209 | $6,749-96.9% | $13,986-98.5% | $5,306-96.1% |