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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 | $12,023 | $106,247-88.7% | $96,515-87.5% | $139,466-91.4% |
| Participation rate | 62.5% | 77.8%-15.3pp | 74.3%-11.8pp | 80.3%-17.8pp |
| Annual return | 0.00% | 38.47%-38.5pp | 35.73%-35.7pp | 373.66%-373.7pp |
| Employer contribution / active EE | $6,726 | $4,106+63.8% | $3,740+79.9% | $4,754+41.5% |
| Participant deferral / active EE | $43 | $5,456-99.2% | $4,880-99.1% | $6,712-99.4% |
| Admin fee / account holder | $6 | $7,885-99.9% | $6,735-99.9% | $11,409-99.9% |