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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 | $57,574 | $85,766-32.9% | $136,298-57.8% | $70,126-17.9% |
| Participation rate | 23.3% | 74.2%-50.8pp | 81.9%-58.6pp | 69.5%-46.2pp |
| Annual return | 18.82% | 31.46%-12.6pp | 5156.27%-5137.5pp | 73.15%-54.3pp |
| Employer contribution / active EE | $833 | $2,966-71.9% | $4,696-82.3% | $2,343-64.5% |
| Participant deferral / active EE | $1,665 | $5,051-67.0% | $6,247-73.3% | $3,332-50.0% |
| Admin fee / account holder | $0 | $5,421-100.0% | $9,244-100.0% | $4,645-100.0% |