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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 | $39,471 | $162,529-75.7% | $130,788-69.8% | $154,746-74.5% |
| Participation rate | 33.3% | 75.9%-42.5pp | 70.1%-36.8pp | 80.7%-47.4pp |
| Annual return | 14.32% | 510.48%-496.2pp | 386.44%-372.1pp | 172.34%-158.0pp |
| Employer contribution / active EE | $42 | $4,447-99.1% | $3,558-98.8% | $4,379-99.0% |
| Participant deferral / active EE | $42 | $4,808-99.1% | $4,137-99.0% | $6,730-99.4% |
| Admin fee / account holder | $91 | $7,669-98.8% | $6,673-98.6% | $14,365-99.4% |