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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 | $23,379 | $51,631-54.7% | $129,397-81.9% | $80,925-71.1% |
| Participation rate | 15.4% | 56.9%-41.6pp | 69.6%-54.2pp | 67.7%-52.3pp |
| Annual return | 15.76% | 20.77%-5.0pp | 9453.98%-9438.2pp | 35.65%-19.9pp |
| Employer contribution / active EE | $645 | $1,583-59.3% | $4,154-84.5% | $2,756-76.6% |
| Participant deferral / active EE | $734 | $2,670-72.5% | $4,167-82.4% | $4,299-82.9% |
| Admin fee / account holder | $0 | $4,309-100.0% | $7,679-100.0% | $6,940-100.0% |