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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 | $16,359 | $102,595-84.1% | $94,057-82.6% | $154,746-89.4% |
| Participation rate | 14.3% | 76.0%-61.7pp | 73.3%-59.1pp | 80.7%-66.4pp |
| Annual return | 20.43% | 583.42%-563.0pp | 480.62%-460.2pp | 172.34%-151.9pp |
| Employer contribution / active EE | $361 | $3,147-88.5% | $2,933-87.7% | $4,379-91.8% |
| Participant deferral / active EE | $617 | $5,118-88.0% | $4,709-86.9% | $6,730-90.8% |
| Admin fee / account holder | $65 | $7,736-99.2% | $7,244-99.1% | $14,365-99.5% |