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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 | $14,861 | $103,008-85.6% | $90,304-83.5% | $152,897-90.3% |
| Participation rate | 66.7% | 75.9%-9.2pp | 73.3%-6.6pp | 82.5%-15.8pp |
| Annual return | 23.40% | 95.22%-71.8pp | 78.13%-54.7pp | 345.43%-322.0pp |
| Employer contribution / active EE | $211 | $3,139-93.3% | $2,855-92.6% | $4,764-95.6% |
| Participant deferral / active EE | $316 | $4,281-92.6% | $3,885-91.9% | $5,851-94.6% |
| Admin fee / account holder | $28 | $6,175-99.5% | $5,354-99.5% | $11,599-99.8% |