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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 | $10,636 | $72,426-85.3% | $67,560-84.3% | $145,897-92.7% |
| Participation rate | 55.6% | 76.9%-21.3pp | 72.9%-17.4pp | 80.3%-24.8pp |
| Annual return | 11.79% | 7226.78%-7215.0pp | 3533.50%-3521.7pp | 552.29%-540.5pp |
| Employer contribution / active EE | $376 | $3,074-87.8% | $2,737-86.3% | $4,663-91.9% |
| Participant deferral / active EE | $380 | $4,785-92.1% | $4,004-90.5% | $6,689-94.3% |
| Admin fee / account holder | $62 | $5,514-98.9% | $3,994-98.4% | $13,390-99.5% |