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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 | $57,474 | $201,344-71.5% | $184,243-68.8% | $145,877-60.6% |
| Participation rate | 60.0% | 87.5%-27.5pp | 86.8%-26.8pp | 80.3%-20.3pp |
| Annual return | 11.79% | 29.01%-17.2pp | 28.82%-17.0pp | 551.28%-539.5pp |
| Employer contribution / active EE | $0 | $7,022-100.0% | $6,427-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $640 | $9,807-93.5% | $9,132-93.0% | $6,691-90.4% |
| Admin fee / account holder | $9 | $16,382-99.9% | $13,914-99.9% | $13,402-99.9% |