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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 | $15,650 | $26,137-40.1% | $58,561-73.3% | $74,460-79.0% |
| Participation rate | 3.1% | 32.2%-29.1pp | 50.9%-47.8pp | 70.7%-67.6pp |
| Annual return | 36.57% | 32.53%+4.0pp | 4251.33%-4214.8pp | 34.38%+2.2pp |
| Employer contribution / active EE | $93 | $537-82.6% | $1,053-91.2% | $2,638-96.5% |
| Participant deferral / active EE | $204 | $1,076-81.0% | $1,923-89.4% | $4,530-95.5% |
| Admin fee / account holder | $40 | $648-93.9% | $2,520-98.4% | $348-88.6% |