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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 | $106,711 | $168,636-36.7% | $147,618-27.7% | $125,388-14.9% |
| Participation rate | 53.8% | 88.8%-34.9pp | 84.6%-30.8pp | 83.2%-29.3pp |
| Annual return | 0.52% | 77.65%-77.1pp | 61.98%-61.5pp | 282.24%-281.7pp |
| Employer contribution / active EE | $0 | $6,252-100.0% | $5,565-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $122 | $5,507-97.8% | $4,895-97.5% | $5,352-97.7% |
| Admin fee / account holder | $269 | $13,580-98.0% | $11,612-97.7% | $9,541-97.2% |