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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 | $88,960 | $103,392-14.0% | $87,104+2.1% | $152,897-41.8% |
| Participation rate | 66.7% | 79.4%-12.7pp | 76.9%-10.2pp | 82.5%-15.8pp |
| Annual return | 13.42% | 28.10%-14.7pp | 28.19%-14.8pp | 345.43%-332.0pp |
| Employer contribution / active EE | $0 | $3,221-100.0% | $2,521-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $816 | $4,778-82.9% | $4,048-79.8% | $5,851-86.1% |
| Admin fee / account holder | $53 | $12,194-99.6% | $7,491-99.3% | $11,599-99.5% |