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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 | $25,245 | $109,863-77.0% | $98,477-74.4% | $167,518-84.9% |
| Participation rate | 14.3% | 75.8%-61.5pp | 73.3%-59.1pp | 82.1%-67.8pp |
| Annual return | 17.77% | 1958.09%-1940.3pp | 1493.59%-1475.8pp | 478.71%-460.9pp |
| Employer contribution / active EE | $216 | $3,225-93.3% | $2,961-92.7% | $4,838-95.5% |
| Participant deferral / active EE | $270 | $4,673-94.2% | $4,276-93.7% | $6,342-95.7% |
| Admin fee / account holder | $0 | $6,755-100.0% | $5,951-100.0% | $12,312-100.0% |