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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 | $31,819 | $68,412-53.5% | $94,679-66.4% | $75,181-57.7% |
| Participation rate | 45.9% | 76.1%-30.1pp | 80.8%-34.9pp | 67.2%-21.3pp |
| Annual return | 18.20% | 616.91%-598.7pp | 156.75%-138.6pp | 160.69%-142.5pp |
| Employer contribution / active EE | $0 | $2,701-100.0% | $3,673-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $1,065 | $6,537-83.7% | $7,417-85.6% | $4,126-74.2% |
| Admin fee / account holder | $14 | $5,326-99.7% | $7,233-99.8% | $5,650-99.7% |