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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 | $15,974 | $68,097-76.5% | $62,929-74.6% | $137,256-88.4% |
| Participation rate | 64.7% | 77.4%-12.7pp | 73.1%-8.4pp | 80.0%-15.3pp |
| Annual return | 14.02% | 1859.11%-1845.1pp | 1063.93%-1049.9pp | 220.34%-206.3pp |
| Employer contribution / active EE | $0 | $2,811-100.0% | $2,505-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $497 | $4,553-89.1% | $3,888-87.2% | $6,407-92.2% |
| Admin fee / account holder | $7 | $6,521-99.9% | $5,065-99.9% | $12,270-99.9% |