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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 | $9,389 | $72,465-87.0% | $67,575-86.1% | $145,884-93.6% |
| Participation rate | 37.5% | 76.9%-39.4pp | 72.9%-35.4pp | 80.3%-42.8pp |
| Annual return | 11.01% | 7222.56%-7211.5pp | 3528.98%-3518.0pp | 551.85%-540.8pp |
| Employer contribution / active EE | $605 | $3,074-80.3% | $2,736-77.9% | $4,662-87.0% |
| Participant deferral / active EE | $605 | $4,786-87.4% | $4,003-84.9% | $6,690-91.0% |
| Admin fee / account holder | $19 | $5,515-99.7% | $3,993-99.5% | $13,392-99.9% |