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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 | $1,560 | $28,624-94.5% | $53,647-97.1% | $82,637-98.1% |
| Participation rate | 61.3% | 47.3%+14.0pp | 56.3%+5.0pp | 68.1%-6.8pp |
| Annual return | 17.83% | 664.98%-647.2pp | 358.33%-340.5pp | 53.51%-35.7pp |
| Employer contribution / active EE | $168 | $637-73.6% | $962-82.5% | $2,552-93.4% |
| Participant deferral / active EE | $209 | $1,196-82.5% | $1,813-88.5% | $4,126-94.9% |
| Admin fee / account holder | $10 | $2,022-99.5% | $2,460-99.6% | $7,339-99.9% |