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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 | $15,264 | $29,319-47.9% | $52,425-70.9% | $82,448-81.5% |
| Participation rate | 5.2% | 46.9%-41.7pp | 55.6%-50.5pp | 68.1%-62.9pp |
| Annual return | 15.34% | 535.20%-519.9pp | 302.12%-286.8pp | 41.64%-26.3pp |
| Employer contribution / active EE | $65 | $586-88.9% | $914-92.9% | $2,551-97.4% |
| Participant deferral / active EE | $117 | $1,171-90.0% | $1,790-93.5% | $4,139-97.2% |
| Admin fee / account holder | $22 | $1,962-98.9% | $2,495-99.1% | $7,234-99.7% |