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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 | $16,667 | $104,577-84.1% | $76,667-78.3% | $152,909-89.1% |
| Participation rate | 35.7% | 76.6%-40.9pp | 72.1%-36.4pp | 82.5%-46.7pp |
| Annual return | 17.39% | 1014.36%-997.0pp | 1166.74%-1149.3pp | 345.46%-328.1pp |
| Employer contribution / active EE | $484 | $3,119-84.5% | $2,303-79.0% | $4,764-89.8% |
| Participant deferral / active EE | $604 | $4,237-85.7% | $3,336-81.9% | $5,851-89.7% |
| Admin fee / account holder | $300 | $12,290-97.6% | $6,423-95.3% | $11,601-97.4% |