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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 | $16,474 | $45,050-63.4% | $63,018-73.9% | $70,126-76.5% |
| Participation rate | 17.9% | 69.5%-51.7pp | 74.8%-56.9pp | 69.5%-51.7pp |
| Annual return | 16.25% | 18.76%-2.5pp | 87.62%-71.4pp | 73.15%-56.9pp |
| Employer contribution / active EE | $0 | $2,052-100.0% | $2,761-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $248 | $2,466-89.9% | $3,330-92.6% | $3,332-92.6% |
| Admin fee / account holder | $0 | $2,834-100.0% | $3,601-100.0% | $4,645-100.0% |