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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 | $30,348 | $157,296-80.7% | $141,191-78.5% | $152,897-80.2% |
| Participation rate | 11.8% | 84.8%-73.1pp | 82.5%-70.7pp | 82.5%-70.7pp |
| Annual return | 15.60% | 64.34%-48.7pp | 71.41%-55.8pp | 345.43%-329.8pp |
| Employer contribution / active EE | $0 | $5,262-100.0% | $4,736-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $1,458 | $7,111-79.5% | $6,710-78.3% | $5,851-75.1% |
| Admin fee / account holder | $281 | $12,125-97.7% | $10,264-97.3% | $11,599-97.6% |