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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 | $39,062 | $121,677-67.9% | $104,625-62.7% | $158,966-75.4% |
| Participation rate | 14.3% | 77.5%-63.2pp | 74.1%-59.8pp | 82.0%-67.7pp |
| Annual return | 4.56% | 465.58%-461.0pp | 340.60%-336.0pp | 302.95%-298.4pp |
| Employer contribution / active EE | $420 | $3,165-86.7% | $2,681-84.4% | $4,762-91.2% |
| Participant deferral / active EE | $525 | $4,175-87.4% | $3,738-86.0% | $5,983-91.2% |
| Admin fee / account holder | $20 | $7,777-99.7% | $6,465-99.7% | $11,250-99.8% |