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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 | $9,908 | $109,905-91.0% | $98,506-89.9% | $167,553-94.1% |
| Participation rate | 55.6% | 75.8%-20.3pp | 73.3%-17.8pp | 82.1%-26.6pp |
| Annual return | 16.31% | 1960.20%-1943.9pp | 1494.92%-1478.6pp | 478.89%-462.6pp |
| Employer contribution / active EE | $688 | $3,226-78.7% | $2,961-76.8% | $4,840-85.8% |
| Participant deferral / active EE | $763 | $4,674-83.7% | $4,277-82.2% | $6,343-88.0% |
| Admin fee / account holder | $81 | $6,760-98.8% | $5,955-98.6% | $12,316-99.3% |