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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 | $45,020 | $100,901-55.4% | $75,501-40.4% | $147,586-69.5% |
| Participation rate | 17.4% | 77.1%-59.7pp | 72.4%-55.0pp | 82.8%-65.4pp |
| Annual return | 14.40% | 35.78%-21.4pp | 27.35%-12.9pp | 578.59%-564.2pp |
| Employer contribution / active EE | $279 | $3,253-91.4% | $2,352-88.1% | $4,876-94.3% |
| Participant deferral / active EE | $327 | $4,027-91.9% | $3,142-89.6% | $5,439-94.0% |
| Admin fee / account holder | $0 | $11,285-100.0% | $5,801-100.0% | $10,886-100.0% |