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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 | $47,795 | $154,209-69.0% | $130,062-63.3% | $139,487-65.7% |
| Participation rate | 54.5% | 82.0%-27.4pp | 78.5%-24.0pp | 80.3%-25.8pp |
| Annual return | 26.33% | 32.52%-6.2pp | -137.37%+163.7pp | 373.84%-347.5pp |
| Employer contribution / active EE | $2,692 | $5,292-49.1% | $4,322-37.7% | $4,755-43.4% |
| Participant deferral / active EE | $540 | $6,709-91.9% | $5,821-90.7% | $6,713-91.9% |
| Admin fee / account holder | $5 | $13,988-100.0% | $10,601-100.0% | $11,407-100.0% |