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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 | $66,077 | $83,337-20.7% | $67,834-2.6% | $273,972-75.9% |
| Participation rate | 40.0% | 76.4%-36.4pp | 68.8%-28.8pp | 83.0%-43.0pp |
| Annual return | 7.66% | 259.45%-251.8pp | 138.47%-130.8pp | 41.46%-33.8pp |
| Employer contribution / active EE | $838 | $3,287-74.5% | $2,403-65.1% | $4,869-82.8% |
| Participant deferral / active EE | $807 | $4,088-80.3% | $3,160-74.5% | $5,287-84.7% |
| Admin fee / account holder | $0 | $6,752-100.0% | $4,622-100.0% | $10,133-100.0% |