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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 | $10,741 | $94,439-88.6% | $73,658-85.4% | $154,746-93.1% |
| Participation rate | 66.7% | 64.7%+2.0pp | 57.0%+9.6pp | 80.7%-14.0pp |
| Annual return | 18.13% | 28.25%-10.1pp | 29.72%-11.6pp | 172.34%-154.2pp |
| Employer contribution / active EE | $331 | $1,257-73.7% | $1,032-68.0% | $4,379-92.4% |
| Participant deferral / active EE | $0 | $2,527-100.0% | $2,062-100.0% | $6,730-100.0% |
| Admin fee / account holder | $7 | $3,843-99.8% | $3,357-99.8% | $14,365-100.0% |