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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 | $7,306 | $53,063-86.2% | $124,206-94.1% | $82,637-91.2% |
| Participation rate | 60.0% | 58.4%+1.6pp | 69.6%-9.6pp | 68.1%-8.1pp |
| Annual return | 14.36% | 68.87%-54.5pp | 515.27%-500.9pp | 53.51%-39.1pp |
| Employer contribution / active EE | $389 | $1,530-74.6% | $3,540-89.0% | $2,552-84.8% |
| Participant deferral / active EE | $462 | $2,644-82.5% | $3,968-88.3% | $4,126-88.8% |
| Admin fee / account holder | $121 | $4,281-97.2% | $5,929-98.0% | $7,339-98.3% |