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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 | $42,557 | $60,128-29.2% | $90,440-52.9% | $79,852-46.7% |
| Participation rate | 22.4% | 65.0%-42.6pp | 72.7%-50.3pp | 69.6%-47.3pp |
| Annual return | 19.67% | 71.95%-52.3pp | 1294.38%-1274.7pp | 31.72%-12.0pp |
| Employer contribution / active EE | $830 | $2,068-59.9% | $3,263-74.6% | $2,471-66.4% |
| Participant deferral / active EE | $475 | $2,939-83.8% | $3,964-88.0% | $3,740-87.3% |
| Admin fee / account holder | $172 | $3,977-95.7% | $5,615-96.9% | $5,306-96.8% |