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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 | $19,170 | $115,903-83.5% | $100,528-80.9% | $158,966-87.9% |
| Participation rate | 27.8% | 81.6%-53.8pp | 79.4%-51.6pp | 82.0%-54.2pp |
| Annual return | 22.16% | 34.80%-12.6pp | 30.90%-8.7pp | 302.95%-280.8pp |
| Employer contribution / active EE | $0 | $4,105-100.0% | $3,419-100.0% | $4,762-100.0% |
| Participant deferral / active EE | $344 | $6,677-94.8% | $6,271-94.5% | $5,983-94.3% |
| Admin fee / account holder | $3 | $11,000-100.0% | $8,084-100.0% | $11,250-100.0% |