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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 | $72,446-85.3% | $67,561-84.3% | $145,877-92.7% |
| Participation rate | 55.6% | 76.9%-21.3pp | 72.9%-17.3pp | 80.3%-24.7pp |
| Annual return | 11.79% | 7211.98%-7200.2pp | 3525.44%-3513.7pp | 551.28%-539.5pp |
| Employer contribution / active EE | $376 | $3,072-87.8% | $2,735-86.3% | $4,663-91.9% |
| Participant deferral / active EE | $380 | $4,785-92.1% | $4,003-90.5% | $6,691-94.3% |
| Admin fee / account holder | $62 | $5,541-98.9% | $4,006-98.5% | $13,402-99.5% |