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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 | $29,047 | $53,128-45.3% | $86,582-66.5% | $70,126-58.6% |
| Participation rate | 16.7% | 65.3%-48.6pp | 73.5%-56.9pp | 69.5%-52.9pp |
| Annual return | 22.61% | 27.66%-5.1pp | 965.08%-942.5pp | 73.15%-50.5pp |
| Employer contribution / active EE | $713 | $2,068-65.5% | $2,839-74.9% | $2,343-69.6% |
| Participant deferral / active EE | $425 | $2,695-84.2% | $3,609-88.2% | $3,332-87.2% |
| Admin fee / account holder | $50 | $3,584-98.6% | $4,904-99.0% | $4,645-98.9% |