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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 | $12,412 | $39,028-68.2% | $80,741-84.6% | $85,847-85.5% |
| Participation rate | 17.1% | 41.6%-24.4pp | 54.2%-37.0pp | 69.3%-52.2pp |
| Annual return | 15.54% | 26.31%-10.8pp | 87.30%-71.8pp | 318.61%-303.1pp |
| Employer contribution / active EE | $196 | $722-72.9% | $1,160-83.1% | $2,565-92.4% |
| Participant deferral / active EE | $248 | $1,326-81.3% | $2,145-88.4% | $3,952-93.7% |
| Admin fee / account holder | $0 | $2,429-100.0% | $3,380-100.0% | $6,261-100.0% |