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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 | $15,951 | $99,921-84.0% | $85,009-81.2% | $145,959-89.1% |
| Participation rate | 21.1% | 74.1%-53.0pp | 67.5%-46.5pp | 80.3%-59.2pp |
| Annual return | 11.52% | 83.89%-72.4pp | 66.47%-55.0pp | 561.95%-550.4pp |
| Employer contribution / active EE | $473 | $3,233-85.4% | $2,728-82.7% | $4,661-89.9% |
| Participant deferral / active EE | $636 | $5,293-88.0% | $4,522-85.9% | $6,689-90.5% |
| Admin fee / account holder | $196 | $7,252-97.3% | $6,153-96.8% | $13,398-98.5% |