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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 | $22,301 | $48,314-53.8% | $67,561-67.0% | $80,925-72.4% |
| Participation rate | 8.5% | 66.4%-57.9pp | 72.9%-64.5pp | 67.7%-59.2pp |
| Annual return | 16.11% | 18.28%-2.2pp | 3525.44%-3509.3pp | 35.65%-19.5pp |
| Employer contribution / active EE | $0 | $2,022-100.0% | $2,735-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $281 | $2,927-90.4% | $4,003-93.0% | $4,299-93.5% |
| Admin fee / account holder | $209 | $3,690-94.3% | $4,006-94.8% | $6,940-97.0% |