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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 | $68,260 | $116,190-41.3% | $93,614-27.1% | $152,885-55.4% |
| Participation rate | 14.3% | 78.0%-63.8pp | 75.8%-61.5pp | 82.5%-68.2pp |
| Annual return | 20.21% | 35.96%-15.8pp | 32.76%-12.6pp | 345.39%-325.2pp |
| Employer contribution / active EE | $0 | $3,219-100.0% | $2,718-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $478 | $4,604-89.6% | $4,069-88.3% | $5,851-91.8% |
| Admin fee / account holder | $27 | $10,749-99.8% | $7,889-99.7% | $11,598-99.8% |