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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 | $9,241 | $100,139-90.8% | $85,187-89.2% | $145,884-93.7% |
| Participation rate | 66.7% | 74.1%-7.4pp | 67.5%-0.9pp | 80.3%-13.6pp |
| Annual return | 12.61% | 84.15%-71.5pp | 66.67%-54.1pp | 551.85%-539.2pp |
| Employer contribution / active EE | $437 | $3,238-86.5% | $2,732-84.0% | $4,662-90.6% |
| Participant deferral / active EE | $614 | $5,296-88.4% | $4,525-86.4% | $6,690-90.8% |
| Admin fee / account holder | $46 | $7,262-99.4% | $6,162-99.2% | $13,392-99.7% |