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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 | $62,541 | $124,351-49.7% | $109,188-42.7% | $167,553-62.7% |
| Participation rate | 25.0% | 79.4%-54.4pp | 75.9%-50.9pp | 82.1%-57.1pp |
| Annual return | 10.57% | 26.04%-15.5pp | 25.76%-15.2pp | 478.89%-468.3pp |
| Employer contribution / active EE | $0 | $4,210-100.0% | $3,723-100.0% | $4,840-100.0% |
| Participant deferral / active EE | $994 | $5,257-81.1% | $4,654-78.6% | $6,343-84.3% |
| Admin fee / account holder | $24 | $7,975-99.7% | $6,755-99.6% | $12,316-99.8% |