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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 | $47,977 | $85,766-44.1% | $136,298-64.8% | $70,126-31.6% |
| Participation rate | 62.2% | 74.2%-12.0pp | 81.9%-19.7pp | 69.5%-7.3pp |
| Annual return | 0.00% | 31.46%-31.5pp | 5156.27%-5156.3pp | 73.15%-73.1pp |
| Employer contribution / active EE | $628 | $2,966-78.8% | $4,696-86.6% | $2,343-73.2% |
| Participant deferral / active EE | $891 | $5,051-82.4% | $6,247-85.7% | $3,332-73.3% |
| Admin fee / account holder | $0 | $5,421-100.0% | $9,244-100.0% | $4,645-100.0% |