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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 | $35,104 | $168,635-79.2% | $147,617-76.2% | $125,389-72.0% |
| Participation rate | 60.0% | 88.8%-28.8pp | 84.6%-24.6pp | 83.2%-23.2pp |
| Annual return | 3.12% | 77.65%-74.5pp | 61.98%-58.9pp | 282.24%-279.1pp |
| Employer contribution / active EE | $0 | $6,252-100.0% | $5,564-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $120 | $5,507-97.8% | $4,895-97.5% | $5,352-97.8% |
| Admin fee / account holder | $169 | $13,580-98.8% | $11,612-98.5% | $9,541-98.2% |